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View Full Version : Will foreclosure affect other properties I own?


carolina roberts
Jan 27, 2008, 10:04 PM
I have 2 properties. One is in the process of foreclosure. I would like to know how will this affect my other property. The second house is being rented and it is up to date on mortgage payments. Thank you.

excon
Jan 28, 2008, 04:41 AM
Hello carolina:

Well, the bank will sue you for their loan balance, and if you don't pay, they'll slap a lien on your other house.

excon