Posted on: 17th Sep, 2012 04:59 pm
Name is not on a loan , but on quitclaim and deed it the house goes into foreclosure will it effect my credit
Hi Renee!
Welcome to forums!
If your name is not mentioned on the mortgage docs, then the foreclosure of the property won't have a negative impact on your credit.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If your name is not mentioned on the mortgage docs, then the foreclosure of the property won't have a negative impact on your credit.
Feel free to ask if you've further queries.
Sussane
Hello Renee,
Well, surviving the loss of a home is a situation most folk will find extremely difficult. Being left with no equity, a bad credit record and no home is not an outcome anyone would relish.
:idea:
Well, surviving the loss of a home is a situation most folk will find extremely difficult. Being left with no equity, a bad credit record and no home is not an outcome anyone would relish.
:idea:
