Al Raymondi
Ormond By The Sea Florida - Home and Condo Sales
Ormond Beach,
FL
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Ocean View Realty Group in Ormond By The Sea Florida
Address: 1350 Ocean Shore Blvd., Suite A, Ormond Beach, Fl, 32176
Office: (386) 441-8245
Fax: (386) 441-2407
Ormond By The Sea Florida homes and condos for sale and for rent by ocean View Realty Group, www.ovrealty.com
ATLANTA, Feb. 22-Homeowners who are considering "walking away" from their home to avoid making their mortgage payment need to know that their mortgage company may try to file a lawsuit to recover the amount owed on the home.In addition, homeowners who sell their home for less than the amount they owe-a process called a "short sale"-may be sued for the unpaid balance, even after the sale of the home. Finally, homeowners with unpaid home equity loans or second mortgages may also face legal action if they "walk away" from an unpaid mortgage, or conclude a short sale."My advice is that no … (4 comments)
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