foreclosures: A deficiency judgment after a Short Sale or Foreclosure ?
- 02/03/10 07:07 AM
A deficiency judgment after a Short Sale or Foreclosure? It appears from the article below from CNN Money it is very possible. I ask has anyone heard of this yet? Should you now be telling your short sale sellers this is possible? If this happens then a bankruptcy maybe the only way out for many people. What effect will this have on the real estate market long term if all the lenders start doing this? This does not apply to many states and not in Arizona
For imformation on this home or other bank or lender homes please email or call. Richard Lecinski Long Realty Company Oro Valley - Tucson Arizona 520-834-4663 http://rlecinski.longrealty.com www.arizonagreatliving.com
For more information please email or call. For a list of bank or lender owned homes in the Tucson - Pima County Arizona area please email. Thank you, Richard Lecinski Long Realty Company Oro Valley - Tucson Arizona 520-834-4663 http://rlecinski.longrealty.com www.arizonagreatliving.com
For more information please email or call. Richard Lecinski Long Realty Company Oro Valley - Tucson Arizona 520-834-4663 Search free for homes in the Oro Valley - Tucson area http://rlecinski.longrealty.com www.arizonagreatliving.com
(3 comments)
foreclosures: Forclosure Tours Pima County - Tucson - Oro Valley Arizona
- 10/08/08 05:51 AM
BUYERS ! This is your time. Many home prices are down as much as 20% and in some cases even more. Don't let a good thing get away from you while the interest rates are much lower as well. Loans are available !!!!!! We are now running a monthly "Forclosure Tour". See bank and lender owned properties. For information please call or email. Try my Virtual Home Finder. One of the most detailed for searching for a home at http://rlecinski.longrealty.com For a list of Bank or Lender owned properties or short sales please email or call. email rlecinski@longrealty.com http://rlecinski.longrealty.com www.arizonagreatliving.com (0 comments)
Facing Foreclosure?Loan Modification and New Legislation Could Be the Answer The pathways to foreclosure are varied and numerous, especially in today's tougher economy. Increasing mortgage payments or mounting credit card debt, a sudden loss in income or employment, a serious illness, or a divorce or separation are all unexpected changes that can quickly lead to delinquency and even foreclosure. And whether or not you personally are having trouble with your mortgage, it doesn't matter, because foreclosures affect everyone. After all, a single foreclosure in your neighborhood will often lower the value of every home - including yours - even if you've (0 comments)