Posted by Ken on February 07, 2010 at 09:44:19:
I took an option on a sub2 property and sold the option to a guy who bought the property,my pay was a second mortgage.The guy fixed the house and then lost it to foreclosure.At the auction the bank bid what was owed and 2 other people bid it up another $8000. I held a second mortgage for $15000 I believe I should be getting the balance left after the first is paid.The referee told me to call attorney for plaintiff but it seems to me the referee should be handling the money not the attorney for the first mortgage holder.My attorney is on vacation till wednesday but I will contact him then.What does everyone here think should happen
- Depends on which State......... JT-IN 15:20:50 02/07/10 (4)
- Re: Depends on which State......... Ken 15:40:39 02/07/10 (3)
- Power of Sale or Judicial Procedure? JT-IN 01:52:33 02/08/10 (0)
- Re: Depends on which State......... Bill H 16:35:04 02/07/10 (1)
- I agree with Bill... Rick, the Probate Guy 23:59:44 02/07/10 (0)