Thursday, 1 May 2014

I am in the process of applying for a short sale (Wells Fargo Bank) on an 'underwater' rental property I own in upstate New York. Can the ba...

Question

I am in the process of applying for a short sale (Wells Fargo Bank) on an 'underwater' rental property I own in upstate New York. Can the bank seize my bank account during this process? After this process - to recoup the balance? Before or after foreclosure? I am retired and on a pension.



Answer

Thank you for submitting your question. In order to advise you regarding your issue, I will need more detailed information. Please feel free to give me a call anytime on my cell at 516-314-1343 so that we can discuss the particulars regarding your inquiry.

I look forward to hearing from you.

Tommy A. Sirianni, Esq.



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