Legal Question in Credit and Debt Law in Florida

second mortgage or??

My son is unable to work and I will be making his house payments for ?? years . How do I protect my investment?


Asked on 1/13/08, 10:12 pm

1 Answer from Attorneys

Stuart M. Address Law Offices of Stuart M. Address, P.A.

Re: second mortgage or??

You should have an agreement in writing with your son. It might be a note and a second mortgage. If you fail to get a written agreement, all the payments you make will benefit your son and if he doesn't want to pay you back you will be out the money. You may contact a local attorney or feel free to contact my office.

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Answered on 1/16/08, 5:31 pm


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