Legal Question in Real Estate Law in Florida

4 years ago I bought a piece of property (A) that today isn't worth 1/4 of what I paid for it. Earlier this year I bough another piece of property (B) that I have now made my primary residence and is homesteaded (but won't take effect till next year). If I foreclose on property A, how will that affect property B? I'm not concerned about my credit rating. Can the bank come after property B (current on all payments) if I deceide to give up property A?


Asked on 9/24/09, 1:55 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

no

Read more
Answered on 9/24/09, 3:41 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida