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| Mortgages, Refinancing, Foreclosure All matters concerning mortgage foreclosure law and refinancing. |
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Apr 9th, 2008, 07:02 AM
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#1 |
Posts: n/a
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Foreclosure Sale
If an investment home is foreclosed on and sold and the proceeds of the sale
does not cover the mtge and equity line, can the bank who has the equity line obtain a judgment and place a lien on my principal residence? |
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Apr 10th, 2008, 11:31 AM
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#2 |
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Top Level Member
Last Online:
Nov 16th, 2008 01:08 PM Join Date: Feb 2007
Posts: 723
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Re: Foreclosure Sale
--in some jurisdictions they can do that yes, just as they can with any judgment they may have
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