Legal Question in Real Estate Law in Ohio
Return house to bank
we are concerned if we return house to the bank. Will we have to pay any difference from the selling price and the amount owed on our current mortgage?
Asked on 11/21/05, 7:52 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Return house to bank
Yes, absolutely. Read your mortgage, as you may be responsible for the bank's attorney's fees and other costs associated with your default.
Answered on 11/22/05, 12:44 am