Legal Question in Real Estate Law in Texas
Foreclosure and deed of trust
My wife is not on the title but is on the deed of trust. If I were to foreclose, is my wife also affected as far is credit is concerned?
Asked on 2/27/07, 9:19 am
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Foreclosure and deed of trust
If she is not on the note, probably not. She probably signed pro forma to perfect the lien and protect the lender against any homestead claim she may otherwise have.
Answered on 2/27/07, 7:33 pm