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Recent content by jbaker6
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MIL holds warranty deed/deed of trust/2nd lien; prp being foreclosed; need advice
The problem with that is that the first mortgage was some kind of balloon type note where the person was supposed to make a balloon payment after one year which was last month. Therefore, there was very little if any paid on the balance in the last year, and apparently the people didn't keep the...- jbaker6
- Post #3
- Forum: Mortgages, Refinancing & Foreclosure
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MIL holds warranty deed/deed of trust/2nd lien; prp being foreclosed; need advice
What is the name of your state? Texas We are in a delimma. A year ago my mil sold her home and agreed to finance a portion of the selling price for the buyer. The majority was financed by a bank. Now the buyer is not paying and the bank is in the process of foreclosure, although, I don't...- jbaker6
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- Replies: 2
- Forum: Mortgages, Refinancing & Foreclosure