Foreclosure in New Hampshire>Question Details

Leah, Home Owner in Hampstead, NH

My parents co-signed a mortgage for me and they are losing their home to foreclosure.Is my home safe or can their bank put a lein on my home?

Asked by Leah, Hampstead, NH Fri Mar 29, 2013

Help the community by answering this question:

Answers

2
It will depend if their name is on the deed or just on the mortgage. if it is on the deed it makes them part owner. You should review the deed and if they are, you may want to speak to an attromey on what you can do to protect yourself and your home.
0 votes Thank Flag Link Fri Mar 29, 2013
Assuming your parents are only co-signers on the mortgage and they are not on the title of your home as owners, you should be safe. However, I'm just an agent on the internet, it would be wise to seek advice of an attorney of you have a concern.
0 votes Thank Flag Link Fri Mar 29, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer