I own two homes, one is about to go into foreclosure and I owe 100,000 on that home. Once bank takes it can they still put a lien on my primary residence?
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I own two homes, one is about to go into foreclosure and I owe 100,000 on that home. Once bank takes it can they still put a lien on my primary residence?
Generally no, but it is possible for them to attach other assets to recoup their losses.
Agreed. Not unless it was collateral on the foreclosed loan.
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