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6 September 2011 | 27 replies
Meaning the lender can only take the property and can't seek a deficiency judgment.
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15 September 2011 | 10 replies
Also, generally speaking, MI is not considered a mortgage and can be collected post-foreclosure even in anti-deficiency states.Problems with mortgages with MI.1.
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8 September 2016 | 5 replies
I always tell my tenants that; to my knowledge, everything works, nothing leaks and there are no deficiencies; however, they should tell me immediately if they see anything that needs attention.
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29 July 2016 | 4 replies
Deficiency judgments are allowed in Maryland.
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2 August 2016 | 4 replies
Furthermore, in a judicial foreclosure a deficiency judgement can track and haunt her for years into the future.
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7 August 2015 | 10 replies
They may take a subsequent writedown after sale depending in the net deficiency and, might even take another one after they sell it on the open market, depending on the net deficiency (If there is one).* To the one thing you heard right, correct, if there is a 3rd party bid above and beyond total debt owed, any overage after the debt owed, fees and costs and any other liens behind the foreclosing entity is paid, it goes back to the original homeowner/borrower.* No one bought the note at the foreclosure sale.
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12 August 2015 | 3 replies
The next day we were told that the VA appraisal came in with no deficiencies and above what we were paying for our house.
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22 August 2015 | 15 replies
If the lender can not obtain the money back they may seek a civil suit as a deficiency judgment for amounts due, but I believe it was stated above not all states allow that depending on the nature of the loan.
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16 April 2015 | 2 replies
Not one thing in this proposed Bill addresses the deficiencies in ethics and rules, operating standards, disclosure of fees, or helping small HOA managers.
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5 October 2015 | 3 replies
Since this can easily be scaled up to just about any town that hires a lot of new grads, it seems like a solid way to enter the real estate market.There are plenty of deficiencies in just about any given market.