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    helplessinfl's Avatar
    helplessinfl Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 7, 2008, 12:37 PM
    Florida, rental property being foreclosed on, can mortgate co. put a lien on my home
    First question..
    I live in Florida. I have a rental property which is going to be foreclosed on. IndyMac is the mortgage holder. Will Indy Mac put a lien on my home for the amount due to them after it sells? My home does have the homestead exemption.

    Second question..
    I am not working and have not for years now do you think Indy Mac would obtain a default judgement against me?

    Thank you
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 7, 2008, 12:44 PM

    No, its unlikely they can file a lien against your primary residence.

    Yes, they can get a judgement against you for the balance of the mortgage after the proceds of the auction. If you don't appear they will get a default judgement.
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