Florida  |  Real Estate Law

question bubble
2/12/10, 7:53 am

Legal Question

Hi,

When I relinquished and got delinquency status in my property, my neighbors were selling their homes between $200k-$250k. My lender undecided to take the property through foreclosure and two years later allowed a short sale for a reduced price of $142K. Now after the home sold, they are trying to get a deficiency judgment against me. Should I carry with this loss since I had not power selling the property early and getting a better deal?

Thanks


Search Past Answers:
  Advanced Search

Related Questions and Answers

► I attempted to purchase a home and placed $1500 in earnest money deposits with a...

► My mother and uncle received a house once my grandmother passed away in Puerto Rico....

► Can a seller of a home require the buyer to release terms of a mortgage approval...

► If 4 people own a house and one person wants his interest bought out. if the other...

► I started an eviction on tenants in Pinellas County, Florida. The case was contested...

► A married couple no longer lives together, but has never divorced. The husband...

► I live in Crestview,Florida and my house is now in foreclosure.I have received the...

More Real Estate and Real Property questions and answers in Florida
Bill of Sale Living Will
Contracts Notices
Divorce Power of Attorney
Show More
Search

View Complete List ▼

Top Areas of Law

Administrative Law Family Law
Bankruptcy Law Family Medical Leave...
Child Custody Health Care Law
Collections Law Immigration Law
Criminal Law Insurance Law
Discrimination Law Labor Law
Divorce Law Landlord/Tenants
Drunk Driving Law Legal Ethics
Employment Law Legal Malpractice
Medical Malpractice Personal Injury Law
Probate Law Real Estate Law
Sexual Harassment Tech Law
Traffic Law Wills Law
Workers' Compensation