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In general, no. They are two different transactions. The only way something like that could happen is if there is some sort of court litigation going on. Just to be safe, check with an attorney.
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∙ 15y ago
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Can bank come after your savings account if you foreclose on your home?
no, not if it is a 1st mortgage. because of the mortgage tax relief act of 2007
When did josiah leet foreclose on his home?
there never was a home
Can a home equity loan foreclose on your home?
yes
If i foreclose on my 2nd home how will it affect my primary home?
If you foreclose on your 2nd home, it will not affect your primary home. It will actually free up money so you can pay your first mortgage.
Can you buy a home and then foreclose?
no that would be wrong
If you are only two months behind can they foreclose your home?
Yes; they can foreclose technically even if you're only 30 minutes late.
If you own two homes can you foreclose on one and the bank not take the new one your living in?
The bank will only take the home they foreclose.
Can the mortgage servicer foreclose on a home?
Yes apprently they can as they are doing it to me!
Can the bank foreclose on your home while you are still in the modification process?
yes
Can you get back money from the bank that sold my foreclose home?
Not very likely
Can a lender sue if you do not have a job?
I lost my job and I have to foreclose on my home. can I be sued by the lender.
Will the court put a lien on your 1st home if you foreclose on a second home?
If a foreclosure is necessary for a 2nd home, will a lien be put on the first home?
