Owing Money On A 2nd Mortgage After Foreclosure All Locations : Advice

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If you purchase a second home and then walk away from your first home (same lender for both homes), what ar ... the penalties, including those penalties affecting the loan of the second home?
0 votes Share Flag Fri Apr 18, 2014 Foreclosure in Arizona
During short sale review process, skip mortgage payments or keep paying? While my short sale is being reviewed by the lender, should I continue skipping ... keep making payments on the mortgage? I am currently 30-day delinquent (skipped November payment) and ...
0 votes Share Flag Mon Oct 21, 2013 Foreclosure in 20744
what happens if I just walk away from my home which as lost more than 20% of its ... 2nd mortage? ... I bought my home 2 years ago for $539K. Now it is worth about $400. I does not m ... .Should I just give up and walk away. Will the 2nd mortage holder seek the $109K that is on my 2nd loan ...
0 votes Share Flag Sat Sep 29, 2012 Home Selling in Los Angeles
I have 2 properties 1 I can't pay it any more. what can I do.? One house is really difficult to get it rent, I'm thinking to let it go for a short sale because i ...
0 votes Share Flag Fri Jul 20, 2012 Home Selling in 33314
I bought a home in 2006 at the peak. My wife and I make ~$350K/yr, but are sitting on a house that's upside ... down by ~ $200k. We want to stay, as it has become our home. B of A won't touch me for a re-finance. ...
0 votes Share Flag Sun Jul 24, 2011 Financing in San Jose
My house is listed short sale in Rocklin. What happens to the price difference of balance and sale price? My home is listed in Rockin as a short sale. It is not going to fetchnear the balance on the mortgage. ...
0 votes Share Flag Tue Apr 19, 2011 Foreclosure in Rocklin
Foreclosed on home in 2010. 2nd transfered to collector. Need to file taxes but don't know if we owe fo ... active. We foreclosed on our home in 2010 with a 2nd. 2nd was recently transfered to a collector. We are ...
0 votes Share Flag Tue Mar 15, 2011 Foreclosure in Sacramento
I have a forclosed property in California in Sept 2009, which I owed $370,000. ... $150,000 that I pulled out after a refinance. The ... Property was sold for $320,00. Will the lender go after me in the future for the difference?. Deljoe ...
0 votes Share Flag Wed Nov 17, 2010 Foreclosure in 90503
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