Legal Question in Real Estate Law in Utah
I'm on title to two houses with my ex boyfriend but on neither loan. He has stopped making payments on one and I am living in the other and making payments. If the house I'm living in was listed as an asset when he bought the other house can the bank take this house to help pay for the other one?
Asked on 7/16/13, 10:17 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
If the same bank did the financing on both homes, there may be a possibility that the default on one home may affect the other. You will have to review the bank loans, or ask the bank.
Answered on 7/16/13, 10:50 am
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