Foreclosures Timeline
January 31st, 2010
Foreclosures Timeline
Does the short sale seller. House have …..?
If a homeowner is under water, unable to pay the monthly mortgage and decides on the market and short selling – Do you have a line of real time (ie 90 days) in the sale of the house before it really going to enforce the mortgage? if time How much?
You have to continue the payments until you sell the house. Can be performed after 90 days past due, even if you have it on the market. And, you be responsible for the original mortgage amount. Original mortgage – short sale price is the quantity that they are responsible.
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