answersLogoWhite

0

Unfortunately, foreclosure happens.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What happens when my mortgage comes due?

you pay it!?!


What happens to the second mortgage if the first mortgage is paid off?

you then only have to pay the second


What happens if you cant pay your dutch mortgage?

what happens if you become unemplyed and wish to reduce your mortgage payments are there any options in holland


When do mortgage repossessions occur?

Mortgage repossession occur when you have no money to pay off your mortgage and only happens as a last resort to make up for the payments you can no longer pay off.


What happens when you dont have anymore mortgage to pay in animal crossing wild world?

It means Congratulations! You have just paid off all of your mortgages and have the biggest house ever!


What happens to a mortgage when the owner dies and has children but no will and no insurance to pay off the mortgage?

The estate must be probated. Either the children need to pay the mortgage or the bank will take possession of the property by foreclosure.


Do you have too pay any of the mortgage back after a chapter 7 bankruptcy?

no you dont have to


If you foreclose on your home and proceeds are not enough to pay the first and second mortgage what happens to the second mortgage lien?

You still owe the money to the mortgage provider.


What happens if you don't pay the mortgage?

You would be in default of the mortgage and the bank will take possession of the property by foreclosure. You would lose your home.


What happens to the mortgage if you sell deed with right of survivorship?

You must notify the bank of the transfer and arrange to pay off the mortgage in full.


Can a bank foreclose if you dont pay on a second mortgage?

Yes. The bank could foreclose and take possession of the property subject to the first mortgage.


What happens when you pay off your house?

You own it and no longer need to pay a mortgage. You get the deed to the house and are free to do whatever you want to.