Compare Mortgage Quotes

Guest

I have several rentals in Texas. If they go to foreclosure can B of A go after me for the Deficiency amout?

jameshogg · Posted: Sun Feb 22, 2009 10:47 pm Post subject:

Hi JohnP,

Yes, if the properties are foreclosed, the lender will have the right to demand the deficient amount from you. If you cannot pay the deficient amount, the lender may either garnish your wages or can even place lien on your other property.

Thanks

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Anit Deficiency for Texas

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1