My question involves a mortgage in the state of: Florida
Can the bank foreclose on a property when the mortgage is in one name and the title is three names?
Two of the owners are living in the house, but the mortage is in the other owners name.
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My question involves a mortgage in the state of: Florida
Can the bank foreclose on a property when the mortgage is in one name and the title is three names?
Two of the owners are living in the house, but the mortage is in the other owners name.
from your other post:
almost assuredly the mortgage lien is against the entire property. As such, the lender can foreclose and take the entire property as their lien is senior to the additional owners rights.My question is my nice has a mortgage on the house in her name, but the title is in her name and two other family members. (added on a Quick Deed years later)
Time for somebody to either pay the mortgage loan or the two residents should start looking for another place to live.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.
You are right jk, someone better start paying
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