SECOND MORTGAGE ON DIL

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jameshogg

Posted on: 05th Nov, 2010 02:56 pm

what happens ti the second mortgage if you do a deed in lieu?

Total Reply : 1

hi guest,

you will be liable for paying off the second mortgage to the lender in full though you go for a deed in lieu of foreclosure. the second mortgage lender will not forgive the dues.

thanks

jameshogg

Posted on: 05th Nov, 2010 07:51 pm

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