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what about 2nd mortgages on foreclosed rental homes? wells fargo sends out a judgement against you. no foregiveness of debt.
gcuffe 1 year ago
@gcuffe Whether you owe for a Deficiency is dependent upon State Law. The Lender may attempt to get a judgment against you, but may be barred by State Law. Check with a Real Estate Attorney who is familiar with the Laws of the State where the real estate is located.
REMarketingThisWeek 1 year ago