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After forclosure, what happens if they sell the house for less than you owed the bank?

August 12th, 2010 | Author: admin

Dmg asked:

If your forclosed property is vacant and once the forclosure goes though, and the house sells for less than you owed on the original mortgage, what can the bank do to you? Can they try and get the difference from you? How can they try and get the money from you?

Posted in Foreclosure | Tags: Forclosed Property, forclosure, money, Mortgage Bank, Original Mortgage, Sell House | 7 Comments »