[ Post New Message | Post Reply to this One | Send Private Email to Too scared to say | Help ]

Response to now got new mortgage can they make me sell house?

from Too scared to say (iwasduped@yahoo.com)
In short,yes. It would be an uphill battle for them, but if you are a joint mortgage holder then you have an asset against which they can distrain. They can get a court order to force the sale, but it would be after all the normal due process and this would take years. Did you disclose the repossession to your new Lender? If not, I would be more worried about the repercussions of that. Once they find out who you have a mortgage with, they can register a lien against the property which lets your current lender know what is going on. Tricky.
(posted 8395 days ago)

[ Previous | Next ]