Friday, December 10, 2010

If I have two houses both with a mortgage and I have come by default on a mortgage the bank some banks for each

If I have two houses, both with a mortgage and I have come by default on a mortgage, the bank (some banks for each house) for bad loans from another house? Not as long as current. No, but if you leave it well protected, and they complain you have and a lack of conviction (sell the house does not cover the loan balance), so that they lien against other property instead. Bank of defaulted mortgages, home. Or that you are responsible for what money.or what money you owe more to a short sale is not set. Or they can liens, etc., other assets. Have you talked with your lender where you are in default and see if something can be arranged for you and protect your credit? It is definitely worth a try. Good luck.

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