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Company Loan Type APR Est. Pmt.

What are the consciences of losing a house if you have other

Posted on: 06th Apr, 2009 12:16 pm
I have 6 houses I owe 5 of them and 1 I dont. if i i lose one of the houses what will happen with the others. Please help me with this question California.
Unless you used them as collateral, the banks can't touch them.
Posted on: 06th Apr, 2009 12:33 pm
Hi

I believe the lender can obtain a judgment for the deficient amount and put a lien on the other properties, even though they weren't used as collateral.
Posted on: 07th Apr, 2009 07:09 am
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