If my husband and I own a home and he also owns a home with his ex-wife that is in foreclosure, can a lien be placed on our home due to that foreclosure?
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If my husband and I own a home and he also owns a home with his ex-wife that is in foreclosure, can a lien be placed on our home due to that foreclosure?
We purchased our home together prior to getting married. I have nothing to do with the foreclosure home. can the bank come after our home? If so, can that be avoided if he quitclaims it to me?
Asked on October 27, 2011 under Real Estate Law, Florida
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Whether or not an abstract of judgment can be placed on the home that you and your husband own presently concerning any possible deficiency judgment concerning the foreclosure of another home that he owns with his former wife depends upon several factors.
The first is is he on the loan for the house that is in foreclosure? Is the loan that is not being paid resulting in the home's foreclosure the loan used for its purchase? If
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