3 ms·
It looks like home mortgages are only non-recourse, meaning the lender can't go after your other assets besides the house if you refuse to pay, in 12 US States:
by mariojv 4y ago
It looks like home mortgages are only non-recourse, meaning the lender can't go after your other assets besides the house if you refuse to pay, in 12 US States: Alaska, Arizona, California, Connecticut, Idaho, Minnesota, North Carolina, North Dakota, Oregon, Texas, Utah and Washington.
https://www.forbes.com/advisor/loans/recourse-loans-vs-non-recourse-loans/ https://www.forbes.com/advisor/loans/recourse-loans-vs-non-r...