Legal Question in Real Estate Law in California

Second Mortgage foreclosure

I have two mortgages, one for $671K & the 2nd for $85k. Due to a job loss I made 1 payment to the 2nd they Foreclosed. the sale was done and the loan was ''bought'' by the 2nd (Lender). Does the 2nd have full title to the property? Is there a redemption period? Do I still owe the first?


Asked on 3/07/08, 12:42 pm

1 Answer from Attorneys
Mitchell Roth MW Roth, Professional Law Corporation

Re: Second Mortgage foreclosure

Your question is unclear. Give me a call and we can figure out what happened and where you stand.

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Answered on 3/07/08, 12:57 pm


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