Mortgage Forum
Minnesota Foreclosure
This is a discussion on Minnesota Foreclosure within the Mortgage Talk forums, part of our Mortgage Chat category; I am a real estate agent. I'm working a short sale, the first lender (wamu) I couldn't get ...
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May 7th, 2008, 10:14 PM
| #1 |
| Senior Member Join Date: Apr 2008
Posts: 648
|  Minnesota Foreclosure I am a real estate agent. I'm working a short sale, the first lender (wamu) I couldn't get to call me back for months. the second lender(chase) settled with me for 3k. Then finally wamu said they would settle, now the second charged off the debt and sent it to collections who said they want a full pay off. The sheriff sale is tomorrow, Minnesota has a 6 months redemption period. If the home is foreclosed and the lender takes the property back doesn't the debt stay with the property and the collectors cant come back after the person? how does this all work and does anyone have any suggestions, this collector is playing hardball. I don't have to much time and the deal will blow then its dead. thanks for your help. |
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May 14th, 2008, 06:36 AM
| #2 |
| Junior Member Join Date: May 2008
Posts: 26
| Yes!! Nice information that you have shared with us. Thank you very much
__________________ Mortgage Company |
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May 14th, 2008, 06:53 AM
| #3 |
| Member Join Date: May 2008 Location: Binghamton, NY
Posts: 43
| Apparently Mariya answered your question here...LOL
__________________ Recent college graduate with a credit consolidation concentration. |
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