QUESTION
Can the mortgage company foreclose on a house in someone else's name?
Asked on May 05th, 2013 on Real Estate - Pennsylvania
More details to this question:
I have a friend that has a house in their name but it was inherited to them. The original owner has outstanding debts on the house. Can the mortgage company foreclose on the house if he doesn't pay on the debts?
1 ANSWER
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Dorothy J. Petrancosta
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Yes. The mortgage follows the home. If the mortgage was not satisfied before transfer, they can foreclose.
Answered on May 06th, 2013 at 5:47 PM