Proceeds from a foreclosure sale in California? - Loan Modification - Free Foreclosure Help

#1 (permalink)

03-17-2009, 09:39 AM

mdlee337

Junior Member

Join Date: Mar 2009

Posts: 1

Proceeds from a foreclosure sale in California?

If a lender in the 1st position foreclosed on a home, do they need to pay the excess proceeds (home was sold for more than the 1st loan) to the previous owner and 2nd position holders?Is there any laws on this?

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Contact Us - Short Sale Help - Archive - Top