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Foreclosure and Anti Deficiency Law in Texas

This is a topic titled Foreclosure and Anti Deficiency Law in Texas made in the Mortgage Talk section, belongs to our Mortgage Chat category; 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 ...








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Old May 20th, 2008, 05:26 AM   #1
Mike
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Registered: Apr 2008
Posts: 1,497
Default Foreclosure and Anti Deficiency Law in Texas

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 andquot;defeciency law in Texasandquot; 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.
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