Questions Foreclosure
Foreclosure questions?????? Please help?
They sent my dad a foreclosure notice in the mail a week ago can they still foreclose on him if he owes on a 2nd mortgage???? It’s a 94 mobile home and last my mom checked he was making the payment on his house when they did her credit report.
yes, if you have 2 mortgages (like a primary and a secondary) they would forclose, and the first mortgage gets paid off and any remainder goes onto the second mortgage.
If his credit is okay have him refinance and combine it into one mortgage ASAP before it goes all the way into foreclosure.
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