in New hampshire, does a borrower who has defaulted
get to keep the balance (after the defaulted loan and
fees are paid) on a foreclosed property? In other
words, if the balance on the defaulted loan is $50,000
plus $5,000 in fees and at the forclosure auction,
thge property goes for $100,000... does the bank get
$55,000 and the borrower get $45,000?? Or does the
bank get the entire $100,000??? THANKS.
2006-07-03
11:40:27
·
1 answers
·
asked by
jamesmarsh4
1
in
Renting & Real Estate