Home arrow Mortgage Forums arrow Announcements Feedback and Our Pub arrow

SHOT SALE

Author Message
Icon Mini Profile mtlandshark





Joined: 03 Dec 2010

Posts: 1

1.00 Dollars($)
Post Posted: Fri Dec 03, 2010 1:02 pm    Post subject: SHOT SALE
Like 0
Dislike 0

CAN A LENDER PUT A LIEN ON YOUR BANK ACCOUNTS
AFTER A SHORT SALE OF YOUR HOME
I LIVE IN CALIFORNIA ALL OF MY BANK ACCOUNTS
ARE IN CALIFORNIA THE SHORT SALE IS IN ARIZONA
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10443
Location: Nevada
984.98 Dollars($)
Post Posted: Fri Dec 03, 2010 8:16 pm    Post subject:
Like 0
Dislike 0

Hi mtlandshark,

As the property was short sold in Arizona, the lender cannot garnish your savings account in California. However, if the lender gets a judgment from the California court regarding garnishment of account, then he can go ahead with it.

Thanks
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights

Bookmark this page

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators

     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools

Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (252)











We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.048 seconds.