Es Lee
Need some direction with a short sale
10 February 2009 | 8 replies
Job relocation when the property is equity deficient
Julian Wells
SHORT SALE
19 February 2009 | 4 replies
Many Short Sales leave a deficiency balance for which the Mortgagor / Borrower is still liable.
Dave Kennedy
Loan Modification Plan (Obama)
21 February 2009 | 75 replies
They should also apply fines to lenders that turn down short offers to only take less as an REO, and the homeowner be hit with deficiencies, tax, and bad credit for up to 5 years.
John Bart
can the bank come after homeowner afterwards
10 March 2009 | 5 replies
thanks John,I think you are asking about the deficiency, and if the bank can come after that through filing for a judgment.
Jeff Fairchild
Short sale effect on credit
29 July 2011 | 3 replies
I don't give tax advise, see a tax attorney, but you will owe taxes on the deficiency of the amount outstanding for the short sale.
Matt Gill
Newbie Short Sale Questions.
23 September 2009 | 8 replies
The bank may or may not seek a deficiency judgment against the borrower...but that is a whole other topic.
Tony Severino
Bank Demo's 16 New SFH It Foreclosured On
15 May 2009 | 2 replies
Because it allowed the bank to put a $116K deficiency judgment against the owner.
Lisa Zurga
wheres the notice of sale on my home?
22 May 2009 | 11 replies
Lenders may not seek a deficiency judgment after a non-judicial foreclosure sale and the borrower has no rights of redemption.
John O'reilly
Foreclosure and your credit score
26 May 2009 | 10 replies
If you have other assets, expect a deficiency judgment.I've heard the hit is 300 points, but I don't know if that's true or not.
David Braken
What is a foreclosure?
5 June 2009 | 5 replies
You the former home owner will be issued a deficiency judgment in the amount of the difference.