Foreclosure in Florida>Question Details

Jim,  in Elmhurst, IL

In Sarasota and Lee counties, are lenders pursuing deficieny judgements post sherriff's sale?

Asked by Jim, Elmhurst, IL Mon Apr 13, 2009

starting to search both counties for a auction/short sale purchase.

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Jim, from my experience.... not yet, although long-term I expect these "judgements" will be turned over or sold to collection agencies for pennies on the dollar, who will then pursue the former property owners (at least those that don't file bankrupcy) to the ends of the earth.
0 votes Thank Flag Link Tue Apr 14, 2009
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