Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Can foreclosure in one state affect a mortgage in another?

Posted on: 14th Jan, 2009 11:04 pm
To what an extent can a short sale or a foreclosure or a DIL on a property in Idaho affect the status of a primary residence mortgage in Oregon?
Hi,

The lender who forecloses your property in Idaho may file for a judgment which will allow him to place a lien on the property in Oregon. He will have to file this judgment in Oregon and if the court agrees, then only he will be liable to place lien on that property.

Thanks,

Jerry
Posted on: 15th Jan, 2009 02:12 am
Page loaded in 0.097 seconds.