Posted on: 09th Jul, 2009 09:22 am
If my First lender forecloses on me, do I still owe the second loan arrears and my delinquent HOA dues? I live in Washington State.
hi sister_of_mercy!
welcome to forums!
though your first lender forecloses the property, you'll still be liable for the second mortgage dues. apart from this, you'll also have to pay the hoa dues. these dues will not be forgiven. if you do not pay the dues, it can get charged off to a third party collection agency.
feel free to ask if you've further queries.
sussane
welcome to forums!
though your first lender forecloses the property, you'll still be liable for the second mortgage dues. apart from this, you'll also have to pay the hoa dues. these dues will not be forgiven. if you do not pay the dues, it can get charged off to a third party collection agency.
feel free to ask if you've further queries.
sussane