Eddie P.
Recent Short Sale Experience
23 October 2012 | 8 replies
It was a good deal for him, no deficiency or promissory note, just sign and walk away.
Connie Wang
Shall I rent to this person? Seeking advice...
29 January 2013 | 8 replies
A bankruptcy is set up to discharge or reorganize debts, so I could see that through bankruptcy you wouldn't have ground to pursue a deficiency for a broken lease or missed payments.
Jeff Macdonald
Trustee's sale: What happens to personal property? My first deal.
8 January 2017 | 15 replies
The lender then gives up the right to collect any deficiency judgment from the borrower.
Stephen D.
Discrepancy between judgement amount and auction start amount
1 July 2014 | 3 replies
Around here lenders in this situation would typically also file a deficiency judgment against the borrower for the shortage between what they're owed and the winning bid.
Tom Dillon
Discount note investing durring different market cycles
3 July 2018 | 11 replies
They can sue for deficiency judgement but in most cases you cannot get water from a rock.
Scott Sutton
How do you find realtors and management companies in another market?
17 July 2010 | 9 replies
For a realtor, give them a property address and ask them to prepare a market analysis for you with comps, and point out the deficiencies and positives regarding the property.
Rav Ram
Partnering to purchase properties using conventional Fannie Mae Loans
1 August 2013 | 12 replies
They may just say pay this, they can call the loan due, they usually have the right of set off, where they can tap your checking or savings account for an unpaid deficiency.
Mark Updegraff
foreclosure acquisition questions - please help :D
15 December 2014 | 11 replies
But in some case, maybe a quarter, they set it much lower and file a deficiency.
Sean M.
Dealing with Underwater Notes
27 August 2014 | 13 replies
That might include getting a deficiency judgement and working the collection from that angle.
Greg P.
Feeling bad about foreclosure investing?
5 January 2010 | 28 replies
The first condition is that I want all deficiencies waived for the homeowner.