Category | Short sale Homes

What Happens to the Homeowner’s Finances After a Short Sale?

Posted on 21 January 2010

When you are negotiating a short sale or note purchase through the bank on a defaulted property it’s easy to overlook the possibility of a mortgage judgment being filed against the homeowner after the sale. It can be common practice for a bank to file a judgment against homeowners fro the remainder of a [...]

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