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Updated over 2 years ago on . Most recent reply

Kevin James's profile image
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Kevin James
  • Member since Dec 27, 2022
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14
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Kevin James's profile image
Kevin James's profile image
Kevin James
  • Member since Dec 27, 2022
Connect
Kevin James
4
Votes |
14
Posts
Foreclosures

what happen to Second mortgage after forclosing

Kevin James
Posted

I am planning to buy Condo from the bank who had forclosed on it as first mortgage after the redemption period ends, but the property also has second mortgage on it am I responsible to pay off the second mortgage if I buy it from the bank(first mortgage) or the second mortgage is clear it after the bank(first mortgage) take over the ownership of the property. any advice appreciated

Detroit, Michigan
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