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codysmum123 · Joined: 18 Oct 2009 Posts: 2 1.50 Dollars($)

I sold my property in California and took a second. The property has been forclosed on. Can I bring a suit against the buyer, and how long do I have to do this?

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Codysmum

You question is confusing, can you please clarify

Guest

I sold my property, I took the second, the 1st forcosed on the property. What actions can be taken and how long do I have to try and get some of my money back? Is there a statute of limitations on this type of law suit.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

If you sold your property, how cna thebank foreclose?

If you sold your property, which money you are lookign to get back?

Guest

I took a second on 1/4 of the total sale. I now have lost that money because the buyer went into forclosure. The lender in first place forclosed on the property, he now owns it. I understand if he sells it for more than is owed him I would recieve some monies. The current value of the property is quite a bit less than I sold it for the first time. Do I have any recourse, with the buyer or the 1st lender, to get back any of the money I have lost?

savior70 · Posted: Wed Oct 21, 2009 6:43 am Post subject:

To Juli,

codysmum123 · Joined: 18 Oct 2009 Posts: 2 1.50 Dollars($)

I did take a second on the loan to help the buyer make the purchase, and I do have signed notes to that effect. I think I can sue him for breach of contract in California. I would like to know if there is a specific time limit on filing a suite such as this, and would it start from date of purchase or from time of forclosure?

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sueing buyer for 2nd mortgage