Question:

Have 2 property in CA and one is going to foreclose. Can the lenders go after my other property for the money

by  |  earlier

0 LIKES UnLike

Have 2 property in CA and one is going to foreclose. Can the lenders go after my other property for the money

 Tags:

   Report

2 ANSWERS


  1. Yes.  The will need to do it through a Court Judgement though.  They can't make you sell it but they can attach a lien on it.  When you sell it they will get the money owed to them if the sale price is sufficient to cover it.  


  2. if your other property is under your name, i'm afraid yes they can go after it.  your debtor can go after your assets, whether in the form of cash or real estate, to satisfy the debt.

    it's best for you to consult a lawyer for specifics.  good luck.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.