Legal Question in Real Estate Law in Arizona

Mortgage

Is it true that if I stop making payments on my home equity line of credit (2nd position) that foreclosure cannot occur unless the line of credit bank pays off my primary mortgage (which is twice the amount of my line of credit)?


Asked on 12/22/08, 5:57 pm

1 Answer from Attorneys

Brian Blum Blum Law Office, PLC

Re: Mortgage

No. That is not true.

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Answered on 12/22/08, 6:03 pm


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