bradenton: Perhaps the Most Important Benefit of a Short Sale - 10/10/11 02:52 PM
MY HOUSE IS GONE, BUT MY DEBT LIVES ON. You should not let this happen to you. Recent data is revealing that lenders are pursuing more defaulted homeowners for deficiency judgments. Under Florida law, if your house goes to foreclosure and is sold by the Clerk of the Court, the homeowner remains responsible for the difference between what the fair market value of the home was on the date of the foreclosure sale and what the homeowner owed on the mortgage(s) on the home at the date of the sale. This amount is referred to as the deficiency.
If one lets his home go … (0 comments)

 
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Michael D Wyckoff

Sarasota, FL

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Address: 4909 Manatee Ave W, Bradenton, FL, 34209

Office Phone: (941) 795-6565

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