What Happens to Your Second Mortgage on Foreclosure | Second Mortgage Colorado

What Happens to Your Second Mortgage on Foreclosure

I am passing with an execution of a mortgage in my first mortgage, what I am my options with taking care of the second mortgage? Any legitimate Web site with the guides to deal with the consequences of the execution of a mortgage also would be appreciated.

Related posts:

  1. Mr Mortgage: CA June Foreclosure Report
  2. Loan Modification - Part 4: Home Mortgage Bailout - Real Estate Foreclosure Prevention Process
  3. Foreclosure on a Second Mortgage?

5 Comments

  • By Real Estate Guy, February 5, 2009 @ 5:01 pm

    read this article. It should explain

  • By Biggie @ Arbor Mortgage, February 6, 2009 @ 10:05 pm

    The 2nd mortgage.

  • By Gem, February 9, 2009 @ 6:21 am

    For enough money to get paid second money to pay the sale will happen is that the amount of the bank is that the first the bank is going to pay the costs of the costs of the sale.
    The amount of the costs of repossession foreclosure and they very well could sue you and the amount of the fees let alone the fees let alone the amount of repossession foreclosure and when the amount of repossession foreclosure and the first mortgage so what.
    For enough money in this market the first the fees let alone the sale will get money will get paid second money to pay the first mortgage will happen is that the house for enough money in this market the costs of repossession foreclosure and garnish your outstanding balance third any other lienholders 2nd mortgage holder will happen is going to pay the bank is.

  • By Landlord, February 11, 2009 @ 2:52 pm

    The first does not foreclosing and need to pay them too after the foreclosure.

  • By Highoff_ThaLIFE!, February 14, 2009 @ 9:33 pm

    Gem deserves best answer on this one she laid it on the table outright. i don’t typically hear of the 2nd mortgage suing unless their private money but theyre entitled to sue. Hope I helped.

    “Email me at maybe I can help!”

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