Tag Archive | "deficiency judgment"

How to Avoid Deficiency Judgments

Tuesday, June 21, 2011

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Deficiency judgments are of great concern to those unfortunate enough to be involved in a foreclosure or short sale. A deficiency judgment occurs when a mortgaged property is sold for less than the remaining mortgage balance. The lender is then able to get a court-ordered judgment issued against the borrower for the remaining balance of […]

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