Need Advice: What happens to the second mortgage after the home is foreclosed. Does the 2nd mortgage disappear

Question by alvin: Need Advice: What happens to the second mortgage after the home is foreclosed. Does the 2nd mortgage disappear Unfortunately my home was foreclosed and I tought, the 1st and 2nd mortgage disappears and the procces will ended. But suddenly I started receiving calls from the bank lender of the 2nd mortgage. They said I still owed them even if the home was foreclosed and if I didn’t pay them, they will reported to the IRS, so they can charge it off on my paycheck. It’s that true. Need some advice. Thank You!! (I had...

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I’ll be a first time home buyer. Are there any programs that will help me save money on a mortgage? Advice?

Question by Shelly C: I’ll be a first time home buyer. Are there any programs that will help me save money on a mortgage? Advice? I’m prepping to buy my first home but have not found a mortgage agent yet. Is there any advice on government programs for first time buyers? I’m looking for the best advice to save money on a mortgage. Does anyone have any advice on how to buy smart when dealing with real estate agents? Any tricks on how to deal with them. I really want to avoid getting taken of advantage of. Your advice is really...

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