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Old 10-13-2010, 05:26 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by TidalWave View Post
MEANING YOU DON'T ACTUALLY OWN THE HOUSE THAT YOU PURCHASED USING THE MONEY THEY LENT YOU EITHER!

If the contract to purchase the house using borrowed funds is NULL AND VOID, you didn't actually purchase the house either!
Wouldn't the title prove ownership? The bank wouldn't be able to foreclose and force you out since it's "your" house, but they could still sue to recover the remainder of the loan. I guess anything is worth a try if you're about to lose your home.
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