Mortgage » purchased http://faqs-mortgage.com Just another WordPress weblog Thu, 27 Jan 2011 23:12:01 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Who pays the real estate agent when a foreclosed home is purchased? http://faqs-mortgage.com/foreclosure/who-pays-the-real-estate-agent-when-a-foreclosed-home-is-purchased http://faqs-mortgage.com/foreclosure/who-pays-the-real-estate-agent-when-a-foreclosed-home-is-purchased#comments Sun, 22 Aug 2010 06:10:37 +0000 admin http://faqs-mortgage.com/?p=1202 We are looking to buy a house. We found a real estate agent before we found the house we really want. It’s a foreclosed home. How does the real estate agent get paid?

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]]> http://faqs-mortgage.com/foreclosure/who-pays-the-real-estate-agent-when-a-foreclosed-home-is-purchased/feed 5 What happens to a second mortgage when a home is purchased at a foreclosure auction? http://faqs-mortgage.com/mortgage/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction http://faqs-mortgage.com/mortgage/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction#comments Sun, 07 Mar 2010 07:43:04 +0000 admin http://faqs-mortgage.com/?p=271 I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes?

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