Legal Question in Real Estate Law in Florida

I am getting a divorce and our house is in short sale process, I am looking for a foreclosed house to buy in the 32114 zip code (Daytona Beach, Fl. area). If am able to buy one, can the bank from previous house (short sell one) come after me for the new one? Part of the short sell terms is that balance will be forgiven.


Asked on 3/16/10, 10:10 am

2 Answers from Attorneys
David Labovitz Labovitz Law Firm, P.A.

If the balance is forgiven, then no, they can't come after you after the short sale.

Read more
Answered on 3/21/10, 10:28 am
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

not if the balance is forgiven.

Read more
Answered on 3/21/10, 11:24 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida