endlesstime20 asked:


I have a 1st and 2nd mortgage loans on my condo. The balance on my loan is more than the value of my condo. The loan on my condo is only on my name. If I purchase a new home with my parents (let’s say I can get the loan approve) and default on the loan on my condo…..can the lender go after my new home to recover their lost or 1099 me? Thanks in advance.

Adam

boo boo asked:


this is the second time, I am stuck in a high mortgage because my daughter was suppose to help me pay and she left me with this high mortgage. I live in Waterbury, ct. and need help. I not sure if I can refinance because I have been here less than 2 years. I have been out of work for a month and a half and going into surgery tomorrow. Please could you give me some advice as to what to do.

ADAM