Question - Loan Modification Forum

aznlv2009 · 09-12-2009, 06:54 AM

Hi everyone,
My wife and I currently live in Nevada, each of us has bought a house prior our marriage, the loan of each house is under individual name (not together because before we married) even now the ownership of these houses are not together. My question is if I let the house which I bought prior our marriage be foreclosured(home loan under my name only) would the bank can put lien on my wife's home (home loan under her name only)? Thanks

Moe Bedard · 09-12-2009, 08:07 AM

Welcome to LoanSafe!

No. The contract you have is with you and the bank and she is not a signer or guaranteer on that mortgage.

aznlv2009 · 09-12-2009, 09:56 AM

Thanks Moe. I though so but not sure

09-12-2009, 06:54 AM	#1 (permalink)
aznlv2009 Junior Member Join Date: Sep 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Question Hi everyone, My wife and I currently live in Nevada, each of us has bought a house prior our marriage, the loan of each house is under individual name (not together because before we married) even now the ownership of these houses are not together. My question is if I let the house which I bought prior our marriage be foreclosured(home loan under my name only) would the bank can put lien on my wife's home (home loan under her name only)? Thanks

09-12-2009, 08:07 AM	#2 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Question Welcome to LoanSafe! No. The contract you have is with you and the bank and she is not a signer or guaranteer on that mortgage. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

09-12-2009, 09:56 AM	#3 (permalink)
aznlv2009 Junior Member Join Date: Sep 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Question Thanks Moe. I though so but not sure

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