Thursday, November 25, 2010

I bought a house with a loan of 80 20 I used a second mortgage payment If I go into foreclosure which can be

I bought a house with a loan of 80/20, I used a second mortgage payment. If I go into foreclosure, which can be processed by the second mortgage? I heard that since I am to buy the house that can not be prosecuted for that reason the bank. I live in California. So I can be prosecuted for? Leroy See a real estate attorney in this response. At this stage, coming after 2nds place to buy a house in California. Yes and here no.This California law is unclear. The law protects you in the first issue two.thus mortgage.you. Courts in California and returns to it.as some say that if you take two loans, one is not protected.

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