Legal Question in Real Estate Law in Maryland

foreclose of property

I live in Florida, if property I purchased in Maryland have any effect on property I own in Florida


Asked on 2/02/09, 1:08 pm

1 Answer from Attorneys

Robert Sher Wagshal and Sher

Re: foreclose of property

Although you didn't state it in the text of your question, I assume there is a foreclosure issue with one of your properties--presumably the MD property. If your MD property goes through a foreclosure, you will lose it to pay off the debt. If your FL property is your residence, you have creditor protection under FL law. But you should consult with a FL attorney to find out what you must do to protect your property.

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Answered on 2/02/09, 1:21 pm


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