Sunday, June 15, 2014

My husband passed away I am not on the mortgage but now they want to Forclose, what are my options?

Question

My husband passed away I am not on the mortgage but now they want to Forclose, what are my options?



Answer

You likely have homestead interest in the property. Is your name on the deed or not? You will be included in the foreclosure. Do you want to save the house or not? That is the first question. Hire an attorney to assist you in deciding and executing the plan once you formulate it. Sorry for your loss.



Answer

Refinance and save the home or sell it.



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