Brooklyn, NY asked in Foreclosure for South Carolina

Q: My uncle passed away and his home went into foreclosure. Now the bank is saleing the home. Can I stop the sale with a w

Can I stop the sale with wills that my uncle left? Can the bank allow me to pay up the debt and then take over the loan?

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1 Lawyer Answer
D. Nathan Davis
D. Nathan Davis
Answered
  • Consumer Law Lawyer
  • CHARLESTON, SC
  • Licensed in South Carolina

A: If you are the heir and now the owner, the bank has to allow you to bring the loan current. You will also be responsible for all reasonable costs and expenses incurred by the lender. Once the sale is held, you will no longer be able to do this. Also, be sure that they amount owed does not make the property worthless. Just because you were given something, does not mean you have to take it. (If I try to give you my cold, you would not want to accept it.)

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