Non-recourse loans are written in non-recourse states and in these states lenders may not pursue you for anything other than the collateral.
The following are non-recourse states:
Alaska
Arizona
Connecticut
Florida
Idaho
Minnesota
North Carolina
North Dakota
Texas
Utah
Washington
The following states allow non-judicial foreclosure:
Michigan
Minnesota
North Carolina
Rhode Island
South Dakota
Utah
Wyoming
If you, or someone you know is considering Buying or Selling a Home in Columbus, Ohio please contact The Opland Group. We offer professional real estate advice and look forward to helping you achieve your real estate goals!
The Opland Group Specializes in Real Estate Sales, Luxury Home Sales, Short Sales in; Bexley Columbus Delaware Downtown Dublin Gahanna Grandview Heights Granville Grove City Groveport Hilliard Lewis Center New Albany Pickerington Polaris Powell Upper Arlington Westerville Worthington
