Skip to main content

Homeowner died intestate and may need mortgage forbearance

Hi- hoping for some advice on if this is possible. Trying to condense as best I can.

Homeowner (my sibling) died without a will and has two minor children and was divorced. He paid for all the housing and bills, this is a two family house that also houses our parent in the separate apartment.

As a result, my family including his ex wanted me to be administrator as historically spouse and I are financially stable and more well versed to deal with lawyers and estate complexities.

Unfortunately we’ve had a TERRIBLE lawyer, this case has dragged on for YEARS, and my younger nephew turned 18 last month. I was appointed guardian of property last year, but court still appointed guardian ad litem by the court, 2 months before his birthday.

The main issue is the mortgage company will not give any info to us, so we have spent years just trying to guess the payments based on bills, and with some in person begging for info, educated guesses, etc. Social security survivor benefits have ended for my nephew or will end in 1-2 months when he graduates.

I need a little more time because we do think this case will wrap up within the next couple months (we’ll see). Could we ask for a forbearance in this case? How could we do it for the mortgage company refuses to work with us because we don’t have any official letters from the court?

Thanks for reading

submitted by /u/Expecting_Foodie
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1klh66y/homeowner_died_intestate_and_may_need_mortgage/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/
Post a Comment
Read more