Posted on: 17th May, 2013 08:41 am
My florida house was forclosed and sold at auction 2 years ago . it was an 80/20 loan the 2nd mortgage company has taken no action but continues to send bills as if the house was never sold?
hi john,
may be the second mortgage may not have been satisfied from the property sale. as a result, they keep on sending you the bills. you should somehow negotiate with the second lender and sort out the matter. most probably, you will have to pay off the second mortgage.
may be the second mortgage may not have been satisfied from the property sale. as a result, they keep on sending you the bills. you should somehow negotiate with the second lender and sort out the matter. most probably, you will have to pay off the second mortgage.
Hi john!
Welcome to the forums!
I agree with what Adonis has said. If the dues of the second mortgage lender has not been satisfied, he may come after you to recover the deficient balance.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
I agree with what Adonis has said. If the dues of the second mortgage lender has not been satisfied, he may come after you to recover the deficient balance.
Feel free to ask if you've further queries.
Sussane