2nd Mortgage Foreclosure

jjay789 profile photo

My 1st mortgage on my home is current.
the 2nd mortgage is for a inground pool. I fell behind on this payment and the bank wants to foreclose. How does this effect my first mortgage. can they make me sell my house. ? I want to have this loan reinstated I have the money to do that but they are adding 1000 dollars in attorney fees. and that I do not have .
Let me add this is two different banks. I would like to know if my first mortage is safe.
[ Edited by jjay789 on Date 04/01/2005 ]

[ Edited by jjay789 on Date 04/01/2005 ][ Edited by jjay789 on Date 04/01/2005 ]

Comments(3)

  • TheShortSalePro1st April, 2005

    Cut a deal with them to accept 1.25 payments per month until the account (including lates/fees) is current.

  • mattfish111st April, 2005

    How about the courthouse?

    They will file the papers in the courthouse before they ever get published in a foreclosure legal paper...
    [addsig]

  • JohnLocke2nd April, 2005

    rbjj,

    You private messaged me and I replied to re-post your question, as the Pro said it could have been an accident on the Moderators part or two different moderators could have been notified and they each deleted your post.

    If you are still having a problem with this and apparently you are, then just do a re-post.

    John $Cash$ Locke
    TCI Moderator
    [addsig]

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