real estate Archives

Professional help is often useful for real estate deals

Most Ohio residents will move at some point in their lives. If they are moving as adults, they may have the obligation of ensuring that their homes are sold. Of course, real estate can be a tricky industry to navigate, and it is easy for simple mistakes to put deals at risk.

Understanding Foreclosure Deficiency

When a person loses their home in foreclosure, they are often surprised to find that they still owe money to the mortgage company even after the bank has taken the house. This is called the foreclosure deficiency. After foreclosure, most people will still owe a deficiency, because the home does not sell for a high enough value at auction in order to pay off the entire loan balance.

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Hurley Gunsher, Ltd.

Middletown Office
301 N. Breiel Blvd
Suite A
Middletown, OH 45042

Phone: 513-318-9893
Fax: 513-878-1660
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Fairfield Office
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Fairfield, OH 45014

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