Category Archives: foreclosure deficiency balance

Foreclosure And Short Sale Waiting Periods Before Buying A Home Again

Okay. The hurt is over.  You’ve moved on to a new home after losing your home to foreclosure or a shortsale.   But now your situation has improved and you’re now thinking about owning a home again in the future but how long will the credit world hold your traumatic event against you?  Well there’s several […]

California Banks May Sue for Foreclosure Deficiency Balances

As if things aren’t bad enough, banks have asserted their right to sue borrowers whose homes have been foreclosed on for deficiency balances. States foreclosure laws vary on being either judicial or non-judicial and borrowers currently in default should check on which laws apply to them and their state. Foreclosures.com is a good place to […]