Greentree

Author Message
Icon Mini Profile makaylynsmom





Joined: 07 Apr 2009

Posts: 1

1.30 Dollars($)
Post Posted: Tue Apr 07, 2009 9:48 am    Post subject: Greentree
Like
Dislike

Has anybody ever dealt with a "Greentree" foreclosure? If so what usually happens?
Icon Mini Profile savior70





Joined: 25 Mar 2009

Posts: 1895
Location: Florida
261.85 Dollars($)
Post Posted: Wed Apr 08, 2009 5:06 am    Post subject:
Like
Dislike

Hi

I haven't dealt with greentree. But their foreclosure process shouldn't be any different from the normal foreclosure. Have you faced any problem with them during the foreclosure process?
Guest









Post Posted: Thu Apr 09, 2009 5:41 am    Post subject:
Like
Dislike

Not faced any problems yet, but will be going into foreclosure with them soon....Just wanted to know if they usually sue for deficiency amounts, or issue a 1099?
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile jerry
jerry
Moderator



Joined: 17 Oct 2005

Posts: 3249
Location: MICHIGAN
510.68 Dollars($)
Post Posted: Fri Apr 10, 2009 2:59 am    Post subject:
Like
Dislike

Hi Guest,

It is upto the lender whether they will sue you for the deficient amount or forgive it. Generally, in case of a normal foreclosure, they sue the borrower, not always though. But there are ways to avoid foerclosure and save your credit from being ruined. Have you tried a shortsale or a deed in lieu of foreclosure?

Thanks,

Jerry
Ask question
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

 
Delete this topic Move this topic Lock this topic Split this topic 

Page loaded in 0.793 seconds.