I have short sale that probably won't go through and it seems that it will be foreclosed on.

Long story short, does anyone know what circustances Cenlar sues for a deficiency judgment?

The home is located in NC. All of my other bills are up-to-date, but I cannot afford to pay the deficiency back.

Any guidance is appreciated.

Views: 307

Reply to This

Replies to This Discussion

I am not good at understanding the law, but it was my primary residence. I just know if the ss isn't completed in time and it goes to fc there will be about 200K in deficiency.

 

I just finished one and they waived the deficiency.

My people are having a very hard time with cenlar to get them to call them back and to get more of a concrete answer as to where they are in the process.

RSS

Members

© 2024   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************