Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Will foreclosure affect other properties I own? (https://www.askmehelpdesk.com/showthread.php?t=177458)

  • Jan 27, 2008, 10:04 PM
    carolina roberts
    Will foreclosure affect other properties I own?
    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.
  • Jan 28, 2008, 04:41 AM
    excon
    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

  • All times are GMT -7. The time now is 08:13 PM.