2nd Mortgage Guide

If I have two apartments, both with a mortgage, and I default on a mortgage bank (different banks for each house) of the bad mortgages came after two House? Not as long as payments are current. No, but if the property is foreclosed, and they complain and get a shortage of court (if home sales are not part of the loan balance) so they can put on the other property. Bank, do not mortgage the house. Or they charge you that you still owe money money.or what a short sale can be determined. Or they can land taxes, etc., is also possible to determine in other assets. Have you talked with your lender where you are in default and see if something can be developed to protect you and your credit? It's certainly worth a try. Good luck.