Posted on: 03rd Oct, 2010 09:14 pm
My house was forclosed in April 2010.How I know? The HOA send back my HOA payment.Since then I don't hear nothing.We have October.Should I be worried about the deficiency.I think they have 90 days to get judgement and I supposed to be informed? Am I right?
Hi basia49jasiu,
Welcome to mortgage fit,
By this time they should have sent you some notice for the deficiency.If the amount is small then even the lender may forgive the remaining amount and will not seek the deficiency judgment, but it may only happen when the amount for the court processing is large enough then the deficient amount.
Feel free to ask any further query if you have.
DIPA
Welcome to mortgage fit,
By this time they should have sent you some notice for the deficiency.If the amount is small then even the lender may forgive the remaining amount and will not seek the deficiency judgment, but it may only happen when the amount for the court processing is large enough then the deficient amount.
Feel free to ask any further query if you have.
DIPA