Legal Question in Real Estate Law in California
Liabilities for co -signing on a re-fi.
My elderly father needs a co-signer to re-fi his adjustable mortgage to a better fixed rate.What are my potential liabilities ?
Asked on 4/04/02, 1:11 pm
2 Answers from Attorneys
Joel Selik
www.SelikLaw.com
Re: Liabilities for co -signing on a re-fi.
responsible for entire amount you are signing for.
Joel Selik
www.4thelaw.com
Answered on 4/05/02, 9:21 am
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Liabilities for co -signing on a re-fi.
To pay the mortgage payments if he doesn't, or have your credit negatively affected.
Answered on 4/04/02, 1:18 pm
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