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    hotels55's Avatar
    hotels55 Posts: 1, Reputation: 1
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    #1

    Jul 4, 2007, 06:18 PM
    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 ?
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
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    #2

    Jul 5, 2007, 03:50 AM
    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.
    Jeremiah49's Avatar
    Jeremiah49 Posts: 5, Reputation: 1
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    #3

    Sep 24, 2007, 07:10 PM
    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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