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Updated over 7 years ago,
Does Roadhome put a lien on the house if you owe them?
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?