Foreclosure in 02571 : Questions & Answers

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Jobass24us, Home Seller in Ware, MA
Jobass24us answered:
when my house has been foreclosed on what happens to the second mortgage?
Im not an attorney but Im in this situation right now. I spoke with an attorney and yes in this state the 2nd lender can come after you for the amount owed. However, that is if you have ... more
0 votes Share Flag Wed Sep 7, 2011 Foreclosure in 02571
Lori Lincoln, Real Estate Pro in taunton, MA
Lori Lincoln answered:
What are the ramifications of foreclosure of your 2nd home in Massachusetts?
Hi Kay,

Your credit will be dramatically affected if you get to foreclosure. The foreclosure will stay on your credit report for at least 10 years. With a short sale, the credit rep ... more
0 votes Share Flag Mon Jul 13, 2009 Foreclosure in 02571
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