I am facing a foreclosure in Texas and I am also a Co-Signee of a property bought by my son in law(primary owner) in Georgia.
1.Does my foreclosure affect my son in laws property? Can the lender of my soon to be foreclosed property put a lien on the property that I co signed with in case there is a recovery of defeciency from the lender?
2. Can anybody give me a solid answer regarding "defeciency law in Texas" I have been reading different answers. Can the Lender sell my property below fair market value in Texas? I read in other website that it should be sold in fair market value.
I need help badly and your answers are really helpfull to me.