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Home > Tag Archives: HELOC Settlement

Tag Archives: HELOC Settlement

How Can We Get the Bank to Not Report the HELOC Short Sale? – Teresa

Real Estate Concept

“Dear Steve, House was paid in full. Took out a HELOC that got under water. Bank has accepted a short offer. Payment on HELOC was never late. Credit score currently very, very high. We took out a HELOC a few years ago that was used toward building costs of the new house we live in now. The original house became ... Read More »

My Second Mortgage Was Going to Settle So They Got a Judgment. – Din

closeup of a gavel on cash, from above

“Dear Jared, I had to short sale one of my investment condos in 2010. We thought the 2nd lien was settling at closing and then they pursued me for the full amount owed and have now place a judgement against me. They refused to settle for less than 75% of what was owed. I also have a promissory to Wells ... Read More »

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