My neighbor (B) was the caretaker for his elderly friend (A), living in A’s house. A passed and left his estate to B (took a probate court case to determine Will execution. B has no financial scruples, no source of income whatsoever, no money in any bank account, won’t sell any physical assets for money, and the mortgage has been in default for a year ago. Six months ago A received a 6 month extension on mortgage payments, if he sold the house. Time has been up for a week and no assets have been sold, house isn’t even showable, etc. Mortgage company filed a motion with the courts. Of course his estate lawyer (lord knows how she’ll get paid???) filed a motion for the mortgage company to provide proof of the loan terms, etc. How long until he is physically removed from the house? What will they do with 3,700 sq. ft. of household junk piles floor to ceiling with junk and garbage? He was suggested to find temporary storage, but he won’t. How long until he is on the streets and what will happen to his assets? Even his lawyer is telling him he’s not allowing showings so he’s in contempt of his end of “making an attempt” over 6 months. All he did was hire a real estate agent…. No showings and no pictures can be taken inside for listing.
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source https://www.reddit.com/r/RealEstate/comments/15ve2ph/foreclosure_extension_up/
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