InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] foreclosure of timeshare Posted by bud on October 23, 2001 at 10:17 AM I was stuck with a timeshare in Florida thru a divorce,and cannot afford to pay on it any longer.I cannot sell it because the money I would need to make up the difference between what I still owe and probable selling price is not available.(I did have it for sale for a year thru Century 21,and did not get a single offer)I have researched a little about foreclosure and know there would be a deficiency judgment against it.My question is just what can they do to try and collect this judgment? I live in Pennsylvania and had to re-finance my mortgage here to pay off my x-wife.It is equal to value of the house now.The credit thing is not an issue with me.Would appreciate any help you can offer.Thanks Follow Ups: Re: foreclosure of timeshare Don 7:51 AM, 09/02/02 (0) Re: Slim likelihood of a post-sale deficiency action Ward-CA- 11:26 PM, 10/23/01 (1) Re: Slim likelihood of a post-sale deficiency action Don 2:47 PM, 08/29/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I was stuck with a timeshare in Florida thru a divorce,and cannot afford to pay on it any longer.I cannot sell it because the money I would need to make up the difference between what I still owe and probable selling price is not available.(I did have it for sale for a year thru Century 21,and did not get a single offer)I have researched a little about foreclosure and know there would be a deficiency judgment against it.My question is just what can they do to try and collect this judgment? I live in Pennsylvania and had to re-finance my mortgage here to pay off my x-wife.It is equal to value of the house now.The credit thing is not an issue with me.Would appreciate any help you can offer.Thanks Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Copyright © 1997-2001, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455