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Updated over 14 years ago on . Most recent reply

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Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
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B of A Pursuing Deficiencies?

Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Posted

I have no firsthand knowledge of this but I was on a conference call tonight with Old School Title. They said the latest word is that B of A has begun selling their short sale deficiencies to a debt collection agency rather than 1099 and write them off.
You can bet they will pursue them aggressively if this is true.

Most Popular Reply

User Stats

1,762
Posts
1,299
Votes
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
Posts
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Replied

Knew it was tough to foreclose, didn't know it was tough to evict. I stand corrected!!

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