Q: I was served notice of law suit for my mothers foreclosure. I am on the deed but not the note.
I live on Pennsylvania and the property is in New Mexico. I don't know what my liability is in this situation.
A: To provide a reliable response, I'd need to examine the Note, Mortgage, and Notice and foreclosure Complaint, but short of that, if you have not signed the Note or otherwise committed to the foreclosing Lender to become liable thereon, you should have no personal liability for the Mortgage indebtedness on your mother's property, except that your ownership interest in the property may be divested by entry of a foreclosure judgment in favor of the Lender.
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