Legal Question in Real Estate Law in Georgia

how does forclosure work with investment properties? If I have a second mortgage will they come after me for that mortgage? Both of my mortgages are with the same company, will that make a difference/


Asked on 11/05/09, 10:52 am

1 Answer from Attorneys

Scott Riddle Law Office of Scott B. Riddle, LLC

Foreclosures generally work the same way with any property. Read your loan documents. Do they say that you are not liable for the difference after a foreclosure? Very few provide that, but no one here has them.

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Answered on 11/10/09, 10:58 am


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