InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Can my future wife's past foreclosure haunt me when I want to purchase a home ? Please read ! Posted by nelson on April 19, 2008 at 4:52 PM I have a question for you all that I really need a solid answer on. I am engaged right now and before I met my girl, my girl bought a place and since then she lost her job and due to some other problems, she has gone into foreclosure on the home. Again, she bought the home before I met her....I have nothing to do with the purchase. Now, we are going to get married next week. Let's say in a couple of months I want to purchase a home. I believe under Florida Law, she HAS to be included on the title since we are married. Is this true ? I do know that she does not have to be used for qualifying purposes, but for purposes of the note, she has to be on the title. Right ? Let's say the bank decided to pursue a deficiency judgement against her for the balance she owe's. Technically, they can legally garnish wages and seize assets including putting liens on any of her future properties. So doe this mean that they can put a lien on MY home....since she is technically on the title due to Florida Law ? Even though I had nothing to do with her foreclosure. Any insight is greatly appreciated. Follow Ups: You've nothing to worry about... Ward-CA- 11:35 PM, 04/19/08 (1) Re: You've nothing to worry about... CC in OC 2:08 PM, 04/20/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I have a question for you all that I really need a solid answer on. I am engaged right now and before I met my girl, my girl bought a place and since then she lost her job and due to some other problems, she has gone into foreclosure on the home. Again, she bought the home before I met her....I have nothing to do with the purchase. Now, we are going to get married next week. Let's say in a couple of months I want to purchase a home. I believe under Florida Law, she HAS to be included on the title since we are married. Is this true ? I do know that she does not have to be used for qualifying purposes, but for purposes of the note, she has to be on the title. Right ? Let's say the bank decided to pursue a deficiency judgement against her for the balance she owe's. Technically, they can legally garnish wages and seize assets including putting liens on any of her future properties. So doe this mean that they can put a lien on MY home....since she is technically on the title due to Florida Law ? Even though I had nothing to do with her foreclosure. Any insight is greatly appreciated. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2008, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455