1 Forclosure on Tue Feb 28, 2012 5:38 pm
2 Re: Forclosure on Fri Mar 02, 2012 6:11 pm
All your loan payments will be forfeited in favor of pag-ibig if the Bid Price is lower than the entire loan. IF, the bid price for your property is higher than your loan, then, the excess will be turned over to you.
you don't need to pay your amortization, BUT you need to come up with the entire amount of your loan within 1 year, if you want to recover your property.
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