Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Andrew Jones
  • Chalmette, LA
0
Votes |
4
Posts

Does Roadhome put a lien on the house if you owe them?

Andrew Jones
  • Chalmette, LA
Posted

My uncle got a loan from Road home after hurricane Katrina. There were a set of stipulations to the money, things like letting renters live in each side for a certain price per month, making the house livable, etc. He did not meet any of the stipulations. In 2015 the house was purchased at a tax auction and my sister and I have the money to pay for it during the right of redemption period. The only thing is that we don't know how Road Home will get their money back being as he broke the loan agreement. Will they go after him personally or will they place a lien on the house to sell it? 

Loading replies...