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thanx, mike, for helping people like me stay out of foreclosure. for sure, these are 5 dangerous foreclosure myths. the biggest one for us was thinking there was nothing we could do to avoid it. we're glad we found you. stay in touch. jenny
jennys254 1 year ago
I hear these every day. Amazing what misinformation is out there. Cool vids. Good job! So true about banks not behaving logically.
srqreinvestor 1 year ago
EXCELLENT, Michael. You got me with #5. I thought short sale or foreclosure ended the misery one way or another. Guess I was wrong. How often banks going after deficiency? Good stuff. Keep helping people.
lagertyj7349 2 years ago 2
@lagertyj7349 I'll jump in on this one. If you own property in Florida, deficiency debt can lie around for up to 5 years before a debt collector sues for judgment. Then, debt collector has up to 20 years to go after collection. By then, they believe you've recovered financially and can pay them off for the debt they bought for pennies. This is serious....
srqreinvestor 1 year ago