Legal Question in Real Estate Law in Ohio

I am going through a loan modification on my primary house trying to save it my husband is the only name on the loan. I have a inevstment property in my name and I did not disclose this on the application.They recently asked for the rental property info and I sent it.will this effect my ability to save my primary residence remodification?


Asked on 10/10/11, 10:14 am

1 Answer from Attorneys
J. Norman Stark J. Norman Stark , Attorney, Architect

Dear Inquirer: Your failure to fully disclose your financial picture and marital assets may result in the lender's refusal to consider any loan modification on the basis of income, etc.

It's time to retain experienced counsel to evaluate your situation and prepare to meet any foreclosure head-on with all of the defenses available, including mediation.

Consult and retain counsel ASAP. Good luck. Sincerely, J. Norman Stark, Cleveland, Ohio..

Read more
Answered on 10/12/11, 5:02 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Ohio