Legal Question in Family Law in Florida
seperation and new mortage
my husband and I are seperated in different states, the house was for sale, didnt sell he took out a bridge loan. now he needs to get a new mortage. The mortage is just in his name. amount of mortage is 111.ooo. the house will sell for 350.000.
I am on the deed. Am I at risk?
Asked on 2/17/07, 1:09 pm
1 Answer from Attorneys
Re: seperation and new mortage
In case of forclosure, you may lose the interests that being on the deed gave you. But, if you did not sign the note, they cannot go after your own assets.
Answered on 2/17/07, 1:27 pm
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