Know Where You Stand With a 2nd Mortgage Foreclosure

Posted by mikegoh | Real Estate | Friday 5 December 2008 9:50 pm

If you become delinquent on your second mortgage, the lender can initiate 2nd mortgage foreclosure proceedings against your home. You can lose your home even if you?re current on the first mortgage. When a home becomes foreclosed, it is repossessed and usually sold at auction to the highest bidder.

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  1. Comment by Johnathan — March 21, 2009 @ 6:15 am

    Wow! Thank you! I always wished to write in my web site something similar to that. Can I take part of your post to my blog?

  2. Comment by admin — March 21, 2009 @ 8:00 am

    Well, you may syndicate this blog’s feed at or at without any alteration. By the way, if you need RSS to HTML software, there is a free one for you at

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