Posted on: 04th Oct, 2013 11:13 am
Bought a home in florida, wife is on the deed but not on the mortgage or note. If we do not pay, can the home be taken?
Hi al,
If you do not pay off the mortgage on time, then the lender has the rights to foreclose the property and sell it off to recover his dues.
If you do not pay off the mortgage on time, then the lender has the rights to foreclose the property and sell it off to recover his dues.