Foreclosure in Castaic : Advice

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Sara Mehrpou…, Real Estate Pro in 91403
Sara Mehrpouyan answered:
How often does a lender sell 2nd to a collection agency when 1st is being foreclosed?
Hi Packard,

Usually the 2nd gets sent to collections or charged off after either 90-180 days of non-payment. Unfortunately, there is really no way of telling if and when it will happ ... more
0 votes Share Flag Sat Apr 7, 2012 Foreclosure in 91384
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
If the lender chooses to foreclose non judicially on an investment property, can they seek deficiency judgement?
Thanks to the new laws that were passed last Jan. & in July, if the lien holder agrees to a short sale whether you're an investor or this is a primary residence, they CANNOT se ... more
0 votes Share Flag Fri Sep 28, 2012 Foreclosure in 91384
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