Upcoming Foreclosures

If a person has property in FL being foreclosed, does it affect other properties he owns in other states?

If he has multiple properties under foreclosure in bubble states like AZ, NV, FL, can the lenders do anything about the person's primary residence in CA?

Public Comments

1. Normally the lender will foreclose on only the property they have as collateral. So your primary house in, California should not even come up. If you have all these properties why did you not form a corporation to place these properties in to protect yourself from this very thing? It is very seldom that a lender will even go after a deficiency judgment after a foreclosure procedure had happened, especially in non-judicial states. I hope this has been of some use to you, good luck. "FIGHT ON"