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Updated over 14 years ago on . Most recent reply

Eric M.'s profile image
Eric M.'s profile image
Eric M.
  • Flipper/Rehabber
  • from Louisville, KY
  • Member since Aug 3, 2008
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Eric M.'s profile image
Eric M.'s profile image
Eric M.
  • Flipper/Rehabber
  • from Louisville, KY
  • Member since Aug 3, 2008
Connect
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
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Foreclosures

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.

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Eric M.'s profile image
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Eric M.
  • Flipper/Rehabber
  • from Louisville, KY
  • Member since Aug 3, 2008
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Eric M.'s profile image
Eric M.'s profile image
Eric M.
  • Flipper/Rehabber
  • from Louisville, KY
  • Member since Aug 3, 2008
Connect
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
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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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