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  • Foreclosure Questions and Answers

    Question: I own two houses and I'm having financial troubles with one. If I can't continue the payments for the second home and the lender ends up foreclosing what could happen to my primary home? Could I lose it? Answer: Is the loan on the second property "recourse" financing or "nonrecourse." If it is ...
    Posted to Ann Downing (Weblog) by 81105 on October 20, 2007