|
Foreclosure Forum |
|
|
Re: You've nothing to worry about...In Reply to: You've nothing to worry about... posted by Ward-CA- on April 19, 2008 at 11:35 PM * Thus any subsequent action against your wife regarding the foreclosure of her property, which she acquired before marrying you, cannot go against you nor any property you own. * UNLESS you seek FHA financing for any future property purchase. FHA doesn't recognize community property laws, even if your wife quit claims her interest in your property. If you're married, your wife's credit history will be used to qualify you. If you seek a CONFORMING loan, her credit history isn't an issue.
Follow Ups: Post a Followup:
|
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