Legal Question in Real Estate Law in Georgia
signed deed.
What, if any, interest would Person''A'' have in a forclosure if the deed was signed over to him but the loan was still in Person ''B's'' name?
Would the forclosure affect Person ''A'''s credit! They are not married nor do they live together. Person ''A'' only tried sell it for her but couldn't.
Asked on 12/14/06, 2:36 pm
1 Answer from Attorneys
Jon Gottlieb
Flynn & Gottlieb, P.A.
Re: signed deed.
So long as Person A has neither guaranteed nor assumed the debt, Person A's credit will not be impacted.
Answered on 12/15/06, 8:14 am