Mortgage deficiency judgement can haunt homeowners after foreclosure and short sale

Careful, homeowners currently in default. If you think that a foreclosure and/or short sale will help you improve your distressed situation moving forward, and that you can just cut your losses free and clear, think again. The Detroit News passes a long a helpful nugget of advice about mortgage deficiency judgements, which is essentially a [...]

Source: http://blog.foreclosure.com/2011/03/mortgage-deficiency-judgement-can-haunt-homeowners-after-foreclosure-and-short-sale/

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