Ask Experts Questions for FREE Help !
Ask
    kimcin's Avatar
    kimcin Posts: 3, Reputation: 1
    New Member
     
    #1

    Mar 4, 2010, 07:20 AM
    If you foreclose a property can the mortgage company go after other assets?
    If you have a property that is going to be foreclosed, can the mortgage company go after your other assets (if any) to cover the deficiency, in the state of Washington?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Mar 5, 2010, 08:11 AM
    Quote Originally Posted by kimcin View Post
    can the mortgage company go after your other assets (if any) to cover the deficiency, in the state of Washington?
    Hello k:

    I'll bet they can.

    excon

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Tenant in property that is probably in foreclose - What to do? [ 2 Answers ]

It appears that my landlord may have let my apartment building go into foreclosure, though I have not received any official notice. The tenants in the building across the street, whose building was owned by the same landlord got notice from a Real Estate agency that they had two weeks to move....

Looling for mortgage company for a specific property [ 1 Answers ]

How do I find out if and who a piece of property is mortgaged through. I have history on the property, address, seller and buyer info.

If you foreclose on your home in sarasota, fl What can the mortgage company do to us? [ 1 Answers ]

The value of our condo has decreased by $80,000.00 and our loan was for 100% of the value at the time of the mortgage, which was about 3 years ago. Can the mortgage place a lien on your wages or just reunion your credit.

What happens to the 2nd mortgage loan in California after you foreclose? [ 1 Answers ]

I just received a letter in the mail from (Real Time Resolutions) and they are telling me that I owe my entire 2nd loan to them but they are willing to settle. It was my understanding in California that if your home was your primary residence, had a non-recourse loan on the 1st and 2nd and you...


View more questions Search