What is a Real Estate Partition? Here’s the situation: You and a friend purchased a home together. You are both listed on the deed which conveyed title to you both, and you are both borrowers on the mortgage loan secured by the property. But all of a sudden, life isn’t happily ever after. One or both of […]
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Foreclosure Deficiency Judgements And You Generally, homeowners who lose their home to foreclosure in Colorado are responsible for any deficiencies that result from the sale of the home. A deficiency may occur if the home is sold for less than the amount due on the mortgage loan. For example, if a borrower owes $250,000 on a […]