Legal Question in Real Estate Law in Maryland
I have a house in MD that is in Foreclosure and a home in SC that is paid for. Is teh second home safe from any actions by the mtge co?
Asked on 2/22/10, 6:34 am
1 Answer from Attorneys
Paula McGill
Attorney at Law
If there is a deficiency in the sale of the house, the company can sue for the balance. If they obtain judgment, and you don't pay, the company can garnish your wages and place a lien on your assets, including your South Carolina house.
Also licensed and practicing in Maryland
300 E. Lombard Street
Suite 840
Baltimore, MD
Answered on 2/27/10, 8:03 am