Legal Question in Real Estate Law in California

Liabilities for co -signing on a re-fi.

My elderly father needs a co-signer to re-fi his adjustable mortgage to a better fixed rate.What are my potential liabilities ?


Asked on 4/04/02, 1:11 pm

2 Answers from Attorneys
Joel Selik www.SelikLaw.com

Re: Liabilities for co -signing on a re-fi.

responsible for entire amount you are signing for.

Joel Selik

www.4thelaw.com

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Answered on 4/05/02, 9:21 am
Ken Koenen Koenen & Tokunaga, P.C.

Re: Liabilities for co -signing on a re-fi.

To pay the mortgage payments if he doesn't, or have your credit negatively affected.

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Answered on 4/04/02, 1:18 pm


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