thanks for clear explaination

来源: Sir。Long 于 2008-11-24 13:40:10 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (329 bytes)

you are right. In the redemption period (3 months) here, original owner could pay back and plus 15% interest. According to what you said, I have to pay the mortgage or the property goes to mortgage sale again, then I would probably have nothing at the end, since most case, not enough money for the mortgages.

Thanks a lot

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