What happen if you non-attendance on a mortgage and they get rid of your house for more than you owe?
What happens if you default on a mortgage and they flog your house for more than you owe?
Say the band sells your house for $300K, and you merely have $50K left on the mortgage. Do you seize your $250K?
Answers:
In the UK you would get the set off minus all the ludicrous fees that the bank supply on.
yeah why would you let the house go to foreclosure if you have that much equity??
Well you would probably get back any symmetry after all the fees were remunerated.
I found some foreclosures here that were steals Source(s): http://www.ihavetoadmit.com/foreclosures.php
the step to a strip club and party...
You get the balance.
Yes. After all expenses, late payments, behind schedule payment fees, etc. you get what is not here over.
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Say the band sells your house for $300K, and you merely have $50K left on the mortgage. Do you seize your $250K?
Answers:
In the UK you would get the set off minus all the ludicrous fees that the bank supply on.
yeah why would you let the house go to foreclosure if you have that much equity??
Well you would probably get back any symmetry after all the fees were remunerated.
I found some foreclosures here that were steals Source(s): http://www.ihavetoadmit.com/foreclosures.php
the step to a strip club and party...
You get the balance.
Yes. After all expenses, late payments, behind schedule payment fees, etc. you get what is not here over.
Related Questions: