Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago on . Most recent reply

User Stats

1,762
Posts
1,299
Votes
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
Posts

B of A Pursuing Deficiencies?

Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Posted

I have no firsthand knowledge of this but I was on a conference call tonight with Old School Title. They said the latest word is that B of A has begun selling their short sale deficiencies to a debt collection agency rather than 1099 and write them off.
You can bet they will pursue them aggressively if this is true.

Most Popular Reply

User Stats

1,762
Posts
1,299
Votes
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
Posts
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Replied

Knew it was tough to foreclose, didn't know it was tough to evict. I stand corrected!!

Loading replies...