Current Foreclosures
Will anyone finance another home if your current home is in foreclosure?
What does it mean when the 2nd lien reflects “profit & loss writeoff – account closed” on your credit report?
What should you do with your current home – sell it or walk away? Any HONEST info is greaty and truely appreciated.
Thanks for the info! One more question – Is the 2nd lien still enforceable against the property??
It’s just basically saying that your home was foreclosed on and that bank lost out with you. I believe you’re gonna have a really rough time trying to buy another house for a while. Good luck.
Pricing a Foreclosure or Short Sale
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