Posted on: 19th Aug, 2010 01:04 pm
Two person mortgage Can one foreclose without the other's signature?
Hi Guest,
If the lender is not receiving his dues on time, then he can foreclose the property. However, if the property deed has both the names, then both owners will have to sign the deed and transfer the property to the new buyer.
Thanks,
Jerry
If the lender is not receiving his dues on time, then he can foreclose the property. However, if the property deed has both the names, then both owners will have to sign the deed and transfer the property to the new buyer.
Thanks,
Jerry