jinosbrovens's latest forum comments
29 Apr 2010 11:35 AM:
I think that in most cases it was not possible to sell the property for anything like the settlement money and they just gave the keys back. In several cases the distressed mortgagee was not that worried because the bank advanced more than they actually paid for the property one actually put 30,000 in his pocket.
This message was last edited by jinosbrovens on 29/04/2010.
Thread: Bank repossesed property & mortgage
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