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Updated about 5 years ago on . Most recent reply

User Stats

34
Posts
2
Votes
Jenna Walker
2
Votes |
34
Posts

Forclosure mortgage interest

Jenna Walker
Posted

Getting ready for an court house auction.

Mortgage amount being foreclosed is 206k

And interest accrued on file is 150k 😱😱

Now, if the starting bid is 206k does that reflect interest also ( bank just decided to give up on the interest) or I have to pay the interest on top of the winning bid amount?

Thank you!

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