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Desiree, Home Seller in 91706

I am on a property title in California but not on the loan if the house goes into foreclosure how will it

Asked by Desiree, 91706 Tue Jul 1, 2008

affect my credit?

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Answers

2
Hi Desiree,
No. The loan is what is being foreclosed upon, not the title.
You should not be affected.
I would have to look at the title to tell you for sure.
I hope this helps you Desiree.
Jonathan Starr
0 votes Thank Flag Link Thu Aug 6, 2009
I suggest that you review the documents with an attorney. It is possible that you will be affected but the loan contract is the key.
0 votes Thank Flag Link Wed Jul 2, 2008
Jed Lane, Real Estate Pro in San Francisco, CA
MVP'08
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