Does Foreclosing Affect Other Owned Properties?
My parents co-signed on a home for my brother in which he eventually could not keep up with the payments after the ARM reset. My question,can my parents own home be affected by this or other rental property that they have? Any advice would be great.
I have similar suituation I own investment property but that is not in same county. If I go to foreclosure on my investment property will they put lien on my primary home ?
So much matters based on the state and whether this was a purchase loan or a refinance loan. Here is a link to maybe give further info. http://www.deficiencyjudgments.com/
I would suggest the local county recorder or a for fee service like realquest.