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my grandma co sighned for my brothers house. theres only one loan, and owes more then the house is worth. she also cosighned for my house .

Posted on: 04th Feb, 2011 04:09 am
can the bank attach to my home? my house is in california. his is in nevada. can they attach to her savings? what is the best solution?
If your brother and grandmother do not pay off the loan, then the lender may attach a lien to your property. This is because as your grandmother has co-signed for both the properties, she is the owner of both the properties. The lender can come after the grandmother's second property in order to recover their dues.
Posted on: 07th Feb, 2011 01:11 am
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