The bank is entitled to a $70k deficiency judgment.
Although Thomas' answer is wrong, it does seem to be based on an understanding that foreclosure defendants don't have any money... and that makes Thomas smarter than everyone responsible for the business model at Lehman Brothers, R.I.P.
If you'd like to play along with T3BE, quote this post with your answer!
directory.libsyn.com/episode/inde...
The bank is entitled to a $70k deficiency judgment.
Although Thomas' answer is wrong, it does seem to be based on an understanding that foreclosure defendants don't have any money... and that makes Thomas smarter than everyone responsible for the business model at Lehman Brothers, R.I.P.