 savior70
Joined: 25 Mar 2009
Posts: 1786
Location: Florida
239.96 Dollars($)
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 Posted: Thu Nov 12, 2009 6:44 am Post subject: |
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Hi,
Was the second mortgage paid in full from the proceeds of the short sale? If it wasn't, you are still responsible for the balance on the mortgage. But if the mortgage wasn't paid in full, you shouldn't have received the satisfaction of mortgage document from the bank. Instead, you'd have gotten a 1099 form. Anyway, check the satisfaction of mortgage document carefully, if it says the mortgage is paid in full, you do not owe the bank any money and you should not pay then anything. |
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