Foreclosure South Carolina
Foreclosure on an Investment Home in South Carolina?
I own a lot of land in South Carolina and I live in NJ. If I am faced with foreclosure for that lot, will the bank go after my primary residence in New Jersey?
Also, now I have perfect credit ….how will my credit look after foreclosure?
Thanks for advice.
if you are answering this question please provide clear explanation and if possible examples
It is possible that the lender will come after you, if it determines that you have assets sufficient to pay off the mortgage deficiency. I see it happening more regularly now, given the huge losses being taken by lenders. They are going after monies which they formerly ignored.
Charleston, SC Foreclosure Bus Tour
December 31st, 2009 in
Stop House Foreclosure | tags: charleston, foreclosure, foreclosure south carolina, houses, judicial foreclosure south carolina, south, south_carolina, stop foreclosure south carolina