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

    Jan 15, 2009, 07:08 PM
    Not on loan but on deed
    I'm not on the loan but my name is on the deed. Going threw a divorce and the house will be going threw foreclosure. What will I be responsible for when it goes threw foreclosure?
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #2

    Jan 15, 2009, 07:24 PM
    As long as you are not a borrower on the loan then you are not responsible for paying anything to the lender. However the lender does have the right to foreclose and you will lose your share of ownership if the foreclosure goes through.
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