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Results (556)
Nathan Smith Is college worth it ?
19 October 2020 | 153 replies

I’m a 17 year old kid just now beginning my investment journey in Real Estate, Stocks and Bonds. I’m currently undecided on whether or not to go to college. Should I get a job, join the service and use VA benefits to ...

Vivian Jackson Mortgage deficiency
11 July 2012 | 10 replies

Live in STL, Mo, house is in Jax, FL. Had to move due to layoff in 2009 from Jacksonville. Due to many things, I'm now behind in payments (have renters) but there is always something wrong (air conditioner) for repa...

David Styles deficiency judgments?
24 April 2008 | 8 replies

Okay, so when a person facing foreclosure gets bailed out by an investor who works a short sale, are the sellers free and clear?

I know they will get a credit ding of about 70pts and possibly sent a 1099, but what a...

Jeff McIlhenny Deficiency Waiver
30 October 2009 | 3 replies

I have a short sale client that has two loans, both with BOA. I already know BOA is a pain, but just wondered if anyone might know the answer to this:

My client purchased his TH and lived there as his PR from 8/05-1...

Minna Reid Deficiency Judgements
1 January 2010 | 13 replies

Has anyone actually seen a lender pursue a deficiency after a short sale? Please share the details.

Jack Jones Short Sale Question
15 June 2010 | 27 replies

Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...

Brian Osgood Short sale done, received letter from attorney
8 March 2010 | 22 replies

Hello all,

So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...

John C Banks and deficiencies
25 January 2011 | 0 replies

Why do banks bid at auction and sell properties as REOs. My understanding is that the bank receives 85% to 90% of the deficiency from the fdic regardless of wether it was sold at auction or as an REO. So it wouldn't m...