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($)
PostPosted: Wed Oct 08, 2008 1:15 pm    Post subject: A Florida home is in foreclosure. Attorney for the bank is

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



Joined: 29 Oct 2007

Posts: 156
Location: Atlanta, Georgia
40.89 Dollars($)
PostPosted: Wed Oct 08, 2008 7:53 pm    Post subject:

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.
_________________
For more information on credit repair, please visit my blog, http://creditrepair4u.wordpress.com , or my site, http://freecreditreportnow.org .
(770) 886-3140
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
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 Live Help

Explore the lender near you

Google Map Image

MF Talk



DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


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