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answered on Nov 19, 2024
What is your question?
There is no will. A friend of hers had power of attorney and took care of her bills. The last of her bank account was used to cremate her and there are no liquid assets. There is another person still living in the house that doesn't seem motivated to move out that had lived there for free in... View More 
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answered on Jul 20, 2023
Yes, you can step back and do nothing. The lender will foreclose and acquire the house and the heirs will have no personal responsibility to pay the reverse mortgage.
Away and now I don’t know what to do. Nothing was in place no well, no nothing.
answered on Feb 17, 2023
Your mother's half of the house is now part of her probate estate, so you (or another heir) need to open probate by filing an application with the local probate court to be appointed as "Personal Representative" (PR; formerly known as "Executor") of her estate. Then, you... View More
Federal Home Loan Mort. Corp.
answered on Jun 3, 2021
You have not provided enough information for me to respond with a complete answer. For example, did the non-profit road association place liens on the property after the bank’s mortgage was already in place on the property? If so, then it sounds like the non-profit road association is a party in... View More
My girlfriend and her mother both had their names on a mortgage for her trailer. It was paid on decently from 2015 to the end of 2018 when her mother passed away. Afterwards we spent a couple months trying to contact the company we paid mortgage to, which in turn caused us to talk to the owner. We... View More
answered on Feb 9, 2020
I am sorry, but I would need more information in order to analyze this situation properly. For starters, who is the owner you reference above? Is this person the owner of the trailer? If not, who is the owner of the trailer? Also, who is the holder of the mortgage? Finally, why do you say you... View More
We are in the process of purchasing a bank foreclosed property at auction, the property has a Les Pendens on it from a local hospital here in Maine. We paid 37,000 at auction. The preforclosure started in September of 2017, the bank wanted 160,000 so they took a large loss. The Les Pendens was... View More
answered on Dec 1, 2018
I think you mean lis pendens, but in any event, the answer to your question is, as long as the foreclosing bank properly recorded a copy of the foreclosure complaint or what is known as a clerk’s certificate in each registry of deeds in which the mortgage deed is or by law ought to be recorded,... View More
answered on Nov 10, 2018
Assuming this is a mortgage on your home, the financial institution must provide you with a written notice of default and right to cure your mortgage loan default (assuming that the default is for non-payment). The notice must state that you are "in default" and that you have 35 days to... View More
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