The lender can foreclose and take possession of your property subject to the first mortgage.
The lender can foreclose and take possession of your property subject to the first mortgage.
The lender can foreclose and take possession of your property subject to the first mortgage.
The lender can foreclose and take possession of your property subject to the first mortgage.
you then only have to pay the second
what happens if you become unemplyed and wish to reduce your mortgage payments are there any options in holland
You still owe the money to the mortgage provider.
A homeowner take out a second mortgage if they are struggling to pay off their first mortgage. You can read more at www.bostonapartments.com/mortgage/second-mortgage/second-mortgage.html -
If you don't pay the mortgage the second mortgagee can foreclose and take possession of the real estate subject to the first mortgage. Many of them do just that.
you then only have to pay the second
what happens if you become unemplyed and wish to reduce your mortgage payments are there any options in holland
You still owe the money to the mortgage provider.
A homeowner take out a second mortgage if they are struggling to pay off their first mortgage. You can read more at www.bostonapartments.com/mortgage/second-mortgage/second-mortgage.html -
you pay it!?!
If you don't pay the mortgage the second mortgagee can foreclose and take possession of the real estate subject to the first mortgage. Many of them do just that.
Unfortunately, foreclosure happens.
Was the 2nd lien included in and discharged in your bankruptcy? If not, then that lien still encumbers the title to the property and is probably a debt you still owe.
Yes. You have to pay the second mortgage regardless of how much your home sells for. You borrowed the money, you pay it back.
Once you pay of your mortgage, go to tom nook, speak to him he will he surprised and ask if you would like your house to be modified (bigger) say yes, then hell ask what color roof you want choose it, then the next day your house will be bigger but you have to pay of the mortgage for the bigger house then :(
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.
No. Get personal legal (and financial) help...fast.