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    Sincerely Yours's Avatar
    Sincerely Yours Posts: 1, Reputation: 1
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    #1

    Sep 16, 2013, 10:17 AM
    Judgement verses closing payoffs
    I am selling my home and in foreclosure and the day before the date to sell my home the bank filed a judgment against me and is $20,000.00 less than the banks closing fees. Can I just pay the just judgment.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #2

    Sep 16, 2013, 10:26 AM
    You owe the entire judgement... along with all of the closing fees.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Sep 16, 2013, 12:35 PM
    Can you explain this more clearly.

    Has the home been foreclosed on or are you just in default and being threatened with foreclosure? Or has the foreclosure process started, but not reached the auction?

    A judgment cannot be filed by the bank, A judgment is awarded by a court. The bank can file suit against you however. And in doing so, they can file a lis pendens which will inhibit the sale of the property.
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