Legal Question in Civil Litigation in California

After having agreed to pay my brother 50% of any future gains in my income property in return for him to pay the monthly negative, I continue to make mortgage payments on my income property.

Can the same national bank with whom I have an income property and my primary residence put a lien against my income property because if I stop making mortgage payments on my primary residence? My primary residence is worth least $100,000 less than what I owe to the bank.

Thank you.


Asked on 2/25/12, 8:04 am

1 Answer from Attorneys
Anthony Roach Law Office of Anthony A. Roach

Your post is a little confusing. You state that the same national bank with whom you have an income property and your primary residence? Do you mean they have loaned you money secured by a deed of trust. If you have executed a deed of trust, there is already a lien on the property described in the deed of trust.

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Answered on 3/01/12, 4:05 am


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