Facing possible forclosure in Las Vegas

Posted by Erin on July 23, 2007 at 14:11:08:

In the last 2 years I purchase my 3rd home. However this 3rd home is becoming difficult to pay for. My first property is being rented, my second we have not been able to find a renter...too much competition. We have decided to move back to the unrented home because the payments are easier for us to handle, and have put the 3rd home up for sale.
In a worse case senario we run out of money and have to forclose on the 3rd home, can they take our other homes away from us? or put a lien on the other homes? The 3rd home lender is the same as our 2nd home. We are fighting to sell it first of course, but all our cash will soon be gone.

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