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#1482178 - 12/17/10 02:48 PM 1009C's for Foreclosures
Many Hats Offline
Platinum Poster
Joined: May 2008
Posts: 915
Orlando, FL
We took a property into ORE last year and sold it this year. The borrower signed over the deed in lieu of foreclosure. In the agreement, the bank waived it's rights to pursue a judgement for the deficiency.

This doe not mean, however, that we do not need to complete a 1009-C.......correct?

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#1482778 - 12/20/10 02:37 PM Re: 1009C's for Foreclosures Many Hats
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,678
Galveston, TX
Correct and you should have filed last year.
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