liens on a foreclosed home

This is a discussion on liens on a foreclosed home within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; If i have a lien on my property in Florida and the home is foreclosed on, am I still responsible ...

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Old May 21st, 2008, 02:02 PM   #1
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Default liens on a foreclosed home

If i have a lien on my property in Florida and the home is foreclosed on, am I still responsible for the lien or does the mortgage company that took the house back assume that responsibility?
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Old May 21st, 2008, 03:47 PM   #2
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Default Re: liens on a foreclosed home

You still owe a debt and coud be sued, but the lien stays on with the property.
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Old May 21st, 2008, 03:47 PM   #3
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Default Re: liens on a foreclosed home

...until somebody pays it off...
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Old Jun 27th, 2008, 02:14 AM   #4
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Default Re: liens on a foreclosed home

Foreclosed properties are really painful to our business. We have to take care of those.

Last edited by wld_team; Jun 27th, 2008 at 09:36 AM.
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Old Nov 22nd, 2008, 04:17 PM   #5
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Default Re: liens on a foreclosed home

If the lien is not satisfied in full, your lender may pursue you for the difference although unlikely.

Last edited by wld_team; Nov 23rd, 2008 at 11:24 AM.
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