Hi there,
I have a property that is rented out (because I wasn't able to sell before) and am looking to start the short sale process. I was wondering if any one had any advice regarding my situation.

The main questi...

Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?

The first lender is foreclosing on the house.
Thanks

Goodmorning,How are Deficiency Judgments and the Mortgage Forgiveness Debt Relief Act effecting the amounting of short sales that are on the market and the deals that pertain to them with the sellers. I understand the...

When an inspector finds Deficiencies in a home that need to be fixed (thats put in their report), who ends up paying for these deficiencies? Is it the seller?

Hi guys - I’m a new investor and purchased a property in my LLC with a promissory note. It was a short term loan and I ended up defaulting and the lender foreclosed.
Now they’re pursuing me for a deficiency judgement...

First time on BP and i have so many questions. But first i have stumbled through most of this on my own. The question i have is, i have the list from the county of homes four years of unpaid taxes. Has anyone just gon...

Goodmorning,How are Deficiency Judgments and the Mortgage Forgiveness Debt Relief Act effecting the amounting of short sales that are on the market and the deals that pertain to them with the sellers. I understand the...

I have 3 houses, none have enough equity to refi. through circumstances(arms) and repairs I cant afford them all. Selling cost would be keep me from selling them for what is owed. I am getting behind in one of them....

Hello everyone. What is the difference between a judicial and non-judicial foreclosure?
And how does it affect a buyer?

New to Boise, question I can't seem to find a clear answer online.....trying to gain a better understanding of how the current conditions will play out in the coming months/years.
How likely is it in Idaho to have th...