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.
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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.
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
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