Posted on: 05th Sep, 2009 06:49 am
Who can foreclose on my property?
Hi Nelson,
Your home mortgage lenders can foreclose on your property. If you have taken a mortgage against your property, the lender will have a lien on it. In case you default on the loan, the lender will have the right to foreclose and sell you property to satisfy the lien.
Your home mortgage lenders can foreclose on your property. If you have taken a mortgage against your property, the lender will have a lien on it. In case you default on the loan, the lender will have the right to foreclose and sell you property to satisfy the lien.
Mortgage holders and other lien holders who have a vested interest in loans on your property, ...can forclose your property