Legal Question in Real Estate Law in Texas

I obtained a lot loan five years ago. Wells F termed it a home equity loan but said it wasn't tied to my home. I've since sold that home and bought another. If I default on the lot loan, can they come after my current home?


Asked on 6/15/10, 6:17 am

2 Answers from Attorneys
Mark Dunn Mark D. Dunn

No.

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Answered on 6/15/10, 2:51 pm
Cheryl Rivera Smith The Smith Law Firm

The answer is in your documents, they could have cross-collateralized with your house.

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Answered on 6/16/10, 6:10 am


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