Deficiency Judgment in Wesley Chapel
The video explains what a deficiency judgment against a borrower is all about…
The video explains what a deficiency judgment against a borrower is all about…
In this Live chat, Chris Sommer of Hope for Homeowners Consulting and Michael Owen of Christmas & Spano discuss foreclosure defense, legal strategies for foreclosure and how to avoid deficiency judgments.
See how these struggling homeowners got support and guidance with their delinquent mortgage:
Let’s take a closer look at what deficiency judgments are now. So when you default on a loan and the lender repossesses your property, the value of the property may not pay off the loan. For example, you might owe $100,000 on your home, but it only sells for $80,000. You’re $20,000 short. Because the […]
When dealing with a Tampa foreclosure or short sale a lot of questions arise and one of them might be “What is a deficiency judgment and how does it impact me?” Well, a deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the […]