Archive for June, 2008

Gordon Brown?

John E asked: Will Gordon Brown become p.m even after taxing the british people to the hilt and has any one any faith in this man to lead this nation ?… Continue reading

11 comments - What do you think?  Posted by admin - June 29, 2008 at 2:06 pm

Categories: Uncategorized   Tags: , ,

What happens to a second mortgage when a home is purchased at a foreclosure auction?

buad0118 asked: I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back… Continue reading

5 comments - What do you think?  Posted by admin - June 6, 2008 at 8:45 am

Categories: loans   Tags: , ,