How does it work? (1 viewing) (1) Guest
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TOPIC: How does it work?
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How does it work? 2 Years, 11 Months ago
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How does it work when the home equity loan mortgage company (basically the 2nd mortgage), ha set a date to sell our house on the courthouse steps, but our primary mortgage lender is still (sort of) working with us, and is not to that point yet? We are behind in both. but we are not as far behind with our 1st mortgage as we are with our home equity loan.
Please advise soon, our house goes up for sale on March 6th.
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Re:How does it work? 2 Years, 11 Months ago
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Karma: 1
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FROM WHAT I KNOW YOUR SECOND IS HOPELESS THEY COULD ONLY FORCLOSE IF THEY CAN PAY OFF THE FIRST AND WITH NEGATIVE PRINCIPAL THATS NOT GOING TO HAPPEN FIGHT ALL OF THEM .THEY CAUSED THIS WE DIDNT LET THE GOOD BANKS STAY AND THE BAD GO.
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