Foreclosure in 93510 : Real Estate Advice

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Tatyana, Renter in 44094
Tatyana answered:
My parents home is being foreclosed. My name is on the title only- not the loan. HOA just placed a lien against both my parents and I.
Don't worry it will not affect your credit. I know it for sure because I was in the same situation when my ex stopped paying for our house. My name was on the deed only and it didn't af ... more
0 votes Share Flag Sun Apr 13, 2014 Foreclosure in 93510
Johnny James, Real Estate Pro in Palmdale, CA
Johnny James answered:
On the title, loan is under my deceased dad. Had a short sale for $410K. Received a 1099S from escrow for $410K. Will this count towards my income?
Why would it count towards your income? I am not an attorney nor do I play one on TV.
0 votes Share Flag Sun Sep 29, 2013 Foreclosure in 93510
Gary Lubben, Real Estate Pro in Acton, CA
Gary Lubben answered:
My mom's home is inforeclosure. I am not on the loan, but i am on the title. when the bank takes it back , will my credit be affected negitively?
You have been getting good advice but I wanted to check with the California Association of Realtors legal staff to be sure. Their advice is that your credit will not be affected.

... more
0 votes Share Flag Sat Mar 3, 2012 Foreclosure in 93510
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