The second property is not at risk in the actual case of foreclosure. However once the case is over and there is a judgment against you then they can pursue your assets including any house you own unless the homestead exemption protects you
I wish I had a dollar for every client I get that gets that letter. It is strictly advertisement and someone trying to trick you into thinking you need a certified deed. You do not! So ignore that letter.
As long as you did not sign the note you are not liable for the debt. You are most probably named as a defendant because you are an heir but you are not responsible for the debt. If you wish to keep the property you may tru to negotiate the terms with the lender. Good luck
You need to review your lease to see who is responsible for the a/c unit repair. Assuming its the landlord then you need to send a statutory 7 day letter by certified mail advising him or her of the problem. Thereafter if not fixed in 7 days you can fix it yourself and then discount what you paid from the rent. I would have an attorney as myself review your lease and prepare the letter to make sure you are doing it correctly and protected. Good luck
Speak to an attorney knowledgeable in short sales so they can assess your situation and render proper advice. You may be eligible for cash incentives as well for short selling and walking away from the balance or judgment. Not all real estate attorneys know how to handle shorts sales. Read their bios and customer reviews to see what clients are saying and then ask for a free consult. Good luck