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CAN MY HOUSE BE SOLD BY HELOC

Posted on: 02nd Nov, 2010 04:31 pm
CAN THE SEGOND LIEN HOLDER SEL MY HOUSE AND PAY OFF MY FIRST WITH OUT NY CONSENT
Hi guest,

I won't say they will sell it without your consent but I am sure that they will intimate you about the proceedings.Even they may send you detailed break-up of what they recovered and what they have passed on to first lien holder or vice versa.

Feel free to ask any further query if you have............
DIPA
Posted on: 02nd Nov, 2010 07:37 pm
Hi Guest,

The second lien holder will have to inform you about the foreclosure and send you a notice regarding the same. If he does not send you the notice, then it'll be fraudulent for him to sell off the house at an auction.

Thanks
Posted on: 02nd Nov, 2010 08:50 pm
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