| Loss Mitigation General Chat loss mitigation |
 |
06-21-2009, 10:04 PM
|
|||
|
|||
Re: can a bank sell a foreclosure for more than
No, and in fact the are likely going to get far less than the loan amount, depending on the property's current value. This is what motivates banks to grant loan modifications-they stand to lose far more if they go to foreclosure.
    |
Linear Mode
