Does New Owner mean new forclosure process??

Posted by Jessica on February 17, 2006 at 12:34:18:

If you had property in California that went into forclosure on Dec. 15, 2005 and then transfered the grant deed to a new owner on Jan 15, 2006 and the loan was still in your name however the loan is secured by the property not you, will the forclosure appear on your credit or the new owners? and will it affect you in any way or is it now the new owners?

Follow Ups:

• Re: Does New Owner mean new forclosure process?? - Jim V 01:01:47 02/18/06 (0)
• Re: Does New Owner mean new forclosure process?? - NJDave 13:51:55 02/17/06 (0)

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: If you had property in California that went into forclosure on Dec. 15, 2005 and then transfered the grant deed to a new owner on Jan 15, 2006 and the loan was still in your name however the loan is secured by the property not you, will the forclosure appear on your credit or the new owners? and will it affect you in any way or is it now the new owners? 


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