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| Deed in Lieu of Foreclosure - Do You Need Help to Walk Away? Need Help with a deed in lieu of foreclosure AKA Take this Home & Shove It! You are not alone. We thought we would add this section to the forum to assist the homeowners that have made the tough decision to walk away from their homes. This is America and you have the right to walk away from contracts and your home. The question is what implications will you suffer for saying, "Take this home and shove it, I aint paying you no more!" Find out the good, the bad and the ugly. |
This is a discussion on Foreclosure Record on Husband's Name if WIFE not on TITLE/MORTGAGE ? within the Deed in Lieu of Foreclosure - Do You Need Help to Walk Away? forums, part of the Stop Foreclosure and Tell Us Your Story category; My husband is the only person on the TITLE & MORTGAGE for our primary residence. He will be going though ...
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| Senior Member Join Date: Sep 2009
Posts: 34
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Foreclosure Record on Husband's Name if WIFE not on TITLE/MORTGAGE ? My husband is the only person on the TITLE & MORTGAGE for our primary residence. He will be going though foreclosure soon. After the foreclosure his credit will be damaged, but mine will be intact since i am not listed as a borrower on the MORTGAGE. WHAT ABOUT THE FORECLOSURE PUBLIC RECORD? WILL IT BE FILED ON HIS NAME ONLY ? (WE LIVE IN AZ COMMUNITY PROP STATE) I WANT TO CONFIRM THAT MY NAME WILL NOT APPEAR ON THE FORECLOSYRE RECORD ... because I WOULD LIKE TO BUY ANOTHER HOME AFTER HE FORECLOSES .. Normaly under the Fannie Mae guidelines one is not allowed to buy a home for 7 years after foreclosure, but if my name is not attached to the foreclosure record then i should be in the clear to buy a home with my own income and credit score thanks much and god bless thanks |
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