Deficiency Judgments from Home Foreclosures Loom Heavy on the Horizon – Wall Street Journal


Deficiency Judgments from Home Foreclosures Loom Heavy on the Horizon – Wall Street Journal.

John Murphy has a great post you should read if you are in the midst of a foreclosure or short sale.  It looks like the banks are gearing up for deficiency judgments.  Seek legal advice, not Realtor advice when going through foreclosure or short sale process.

Advertisements

2 Comments

Filed under Uncategorized

2 responses to “Deficiency Judgments from Home Foreclosures Loom Heavy on the Horizon – Wall Street Journal

  1. Rob

    Well said. The deficiency that remains is a serious issue and must be dealt with before the sale or foreclosure (if possible).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s