Re: Rental Property in foreclosure, what about the renters
Posted by Julio Martinez-Clark on March 25, 2008 at 23:11:31:
In Reply to: Rental Property in foreclosure, what about the renters
Posted by Larry on March 22, 2008 at 06:39:58:
Larry,
As Bill H said, your questions have been previously answered. You may
want to look at this thread: www.all-
foreclosure.com/forums/foreclosures/messages/6719.html
I have answered several questions about Asset Protection in this
discussion board and have written an article that answers all your
questions and more at my blog below.
In short, your answers are,
1. Yes. If they win that's another story.
2. Depends on the homestead exemptions on your state.
3. Yes (liens could be attached to personal and real property. Bank
accounts can be seized, wages could be garnished - the how depends
on your state laws).
I hope this helps,
Julio Martinez-Clark
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