Posted on: 11th Sep, 2008 12:08 pm
what happens to the extra money in my home vaule if the bank forecloses on a loan that is less than...what happens if I ouw 107,000 on a loan and the bank forecloses on it the home vaule is aprx 325,000 do I get the balance back or do I lose the whole amount
Hello- You would lose the whole amount.