Home arrow Mortgage Forums arrow Forums: Learn from other's experiences arrow

A Florida home is in foreclosure. Attorney for the bank is now handling.

Author Message
Icon Mini Profile ssmith





Joined: 08 Oct 2008

Posts: 1

1.27 Dollars($)
Post Posted: Wed Oct 08, 2008 1:15 pm    Post subject: A Florida home is in foreclosure. Attorney for the bank is
Like 0
Dislike 0

Stepfather died last year and mom has not been able to keep up with the financials, i.e, mortgage, upkeep, etc. on the home in Florida. The house in now in foreclosure. Can she walk away from it without it catching up with her later? What should she do?
Icon Mini Profile kpatrick
kpatrick


best lender badge

Joined: 29 Oct 2007

Posts: 155
Location: Atlanta, Georgia
41.72 Dollars($)
Post Posted: Wed Oct 08, 2008 7:53 pm    Post subject:
Like 0
Dislike 0

Is your Mother's name on the loan and/or title? If the answer is no, then she probably doesn't have any personal responsiblility...but that doesn't mean that the mtg company wont come after his estate.
_________________
(770) 886-3140
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.050 seconds.