Legal Question in Real Estate Law in Arizona
Foreclosure effect on spouse
I purchased a home on my own, and I have started a short sale - so I will either sell or foreclose within 6-8 months. My fiance and I want to get married asap. Will the foreclosure and/or short sale affect him? Again - he is not on title or the loan at all.
Thank you
Asked on 2/14/08, 3:01 pm
1 Answer from Attorneys
James Jenkins
Jenkins Law Center PLC
Re: Foreclosure effect on spouse
This is a consumer law question, not really a real estate question. Consult with a consumer law/bankruptcy attorney for help. Short sales are complicated, and you should get help so that there is minimal effect on your credit. I doubt it would affect the new husband.
Answered on 2/15/08, 1:45 pm