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-   -   Bank foreclosure wife on mortg we are both on deed (https://www.askmehelpdesk.com/showthread.php?t=106811)

  • Jul 4, 2007, 06:18 PM
    hotels55
    Bank foreclosure wife on mortg we are both on deed
    My wife took out a mortgage on our condo home.I have made many payments now I havs stopped. She is 4 months behind.Can the bank forclose on a mass. Condo home w
    Hen they made the mistake of just having my wife sign the note snd mortgage ?
  • Jul 5, 2007, 03:50 AM
    mr.yet
    No, the will have you joint to the note in court, since you are on the deed. You can fight it under the UCC, since you never sign the contract. UCC 1-308 reservation of rights. But in the end the court will do what they want.
  • Sep 24, 2007, 07:10 PM
    Jeremiah49
    Quote:

    Originally Posted by hotels55
    my wife took out a mortgage on our condo home.I have made many payments now I havs stopped. She is 4 months behind.Can the bank forclose on a mass. condo home w
    hen they made the mistake of just having my wife sign the note snd mortgage ?

    No they can repo it,and you will lose it if you don't make a payment by the fifth month

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