Legal Question in Real Estate Law in Florida
Default Mortgage
My cousin has a house in Florida, but he recently defaulted on the mortgage. He also owns a townhouse in California. We were worried that because of his default in Florida, the townhouse (his primary residence) is now threatened. Could you please advice? Thank you.
Asked on 12/25/07, 9:55 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
Re: Default Mortgage
You would want to pose this question to a Florida lawyer. If it occurred in California, they could foreclose on the defaulted property but not collect money. I don't know if it's the same with Florida, though.
Answered on 12/25/07, 10:22 pm