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  1. #1
    Join Date
    Apr 2008
    Posts
    1

    Default Likelihood Of Deficiency Judgments

    My question involves a foreclosure in the State of: Nevada

    I was wondering if anyone had an idea of the current rates (i.e. likelihood) of deficiency judgments sought by lenders these days especially in foreclosure rich areas like Nevada.

    Depending on what blog, site, or article you read on the internet, there seem to be a variety of thoughts on this. Many "experts" say that lenders tend not to seek deficiency judgments on homeowners who already can't afford to make payments. Any personal experience or thoughts on this?

    Thanks in advance.

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default Re: Likelihood Of Deficiency Judgments

    Our guess is as good as the rest of the Internet's.

    The experts can't predict what may happen for any given homeowner, either.

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