Posted on: 10th Nov, 2010 02:53 pm
my house we foreclosed on in nov. 06 and it was sold and green tree came after me for the remaining balance. I'm making payments but I'm wondering if there is a way out of this?
Hi dolphin38tm!
Welcome to forums!
You're liable for paying the deficient balance resulting from the sale of the property at the foreclosure auction. You will have to pay off the deficient balance or else, the lender may place lien on any of your other properties.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You're liable for paying the deficient balance resulting from the sale of the property at the foreclosure auction. You will have to pay off the deficient balance or else, the lender may place lien on any of your other properties.
Feel free to ask if you've further queries.
Sussane