Real estate blog entries tagged with second mortgages by Nancy Moeller (Seven Gables Real Estate)

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Home : Blogs : Nancy Moeller : Nancy's Blog : Tag "second mortgages"

second mortgages: Deficiency Judgments – The Worst of Both Worlds - 02/20/11 12:02 PM

Times are stressful. Many homeowners who refinanced their properties a few years back to pay off credit card debt, medical expenses or place a down payment on another home are faced with overwhelming worry and financial stress today. We've seen people tap into their 401K, run up their credit cards and borrow money from family just to pay their mortgage. Even folks fortunate enough to save a few hundred dollars a month after a successful loan modification, find themselves over $100,000 underwater and struggling to make their mortgage payment. We met with a young couple last week, paying nearly $5,000 for … (1 comments)

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Nancy Moeller

Anaheim Hills, CA

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Seven Gables Real Estate

Address: 5481 E Santa Ana Cyn. Rd , Anaheim Hills, CA, 92807

Office Phone: (714) 276-7006

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