Mother passed away, now lender is foreclosing what can I do
My Mother owned a condo in West Palm Beach, Fl. She passed away in 2008 and left me the condo. I have been on the deed since before she passed but never on the mortgage. I paid the mortgage for one and a half years, but stopped several months ago because I could not afford the payment. What can I do to stop this?! by mary399 from West Palm Beach, Florida. Jun 21st 2010
Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions
If you cannot afford the payment, what is it you want stopped? You stopped making the payment and say you cannot afford it; not trying to be rude, but you certainly don't expect to live for free do you? If you can afford the property and can qualify for a mortgage, you can solve your problem, but if you cannot, there is nothing to discuss; you need to move.
Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions
Talk with the lender or their servicing company. You are on title and you can document you were making the payments. They may offer you a loan modification or some other alternative. The longer you wait to do this, the less chance you'll have keeping it. .... Happy funding, Rudi
Ask our community a question.
Get an answer
Related Questions
