Foreclosure On Home

United States
April 21, 2011 9:40am CST
Hi, everyone. I was hoping that maybe someone had an ideal of how to help me. You see, my father passed away in January 2011. My mother has been gone for 16 years. My father passed suddenly and he had no insurance. We found that there's no insurance on the house either. My sister was named executor of his will and gave me permission to try and purchase the house from the bank. And, I am getting no where with them. The mortgage company wants me to sign the house over into my name, but I can't because the payments are too high and anyway, my father has let the house go so, long that it's not worth the asking price. We just got a letter stating that it will soon go into foreclosure. I can get a loan to buy it, this will make the payments lower, which I can afford. But I am getting no where with the bank. Call after call and faxes have been made. Is there something that I'm over looking? Please if you have any advice, it's important to me to try and save my parents home.
2 responses
@kingparker (9673)
• United States
28 Jul 12
I wish that I can help you somewhere, and I understood that your father who pass away and only left this house to you and your sister, for his memory sake, you should keep that house, and not let the bank taking it over. My only suggestion is to find a foreclosed attorney, and ask many questions as you can. To seek a way to let the bank give you a leniency to keep the house. Good luck!
• United States
22 Apr 11
It would seem that the bank is the only one you can deal with. But my thoughts is perhaps go online and search foreclosure attorney's in your area. I am sure you can get a free consultation and find out what steps you can take. Either way you are going to need an attorney because you certainly do not want the bank to throw in some stipulations that are sneaky of some sort. Best of luck and I do hope you get to keep your parents home.