Posted on: 06th Mar, 2012 11:17 am
In California- I received a ranch style home straight from a trustee which my sister was the executor. She provided all the information to the mortgage company of our father's demise and trust fund. When the home goes to a trust, there is no probate involved. I would resume all the responsibilities of this property.
However, the mortgage as I am trying to work with them keeps giving me the run around; for the fourth time providing same documentations and as the mortgage company states " we are still processing this". My father has been deceased for the last three months. I cannot make a payment without further information. I cannot negotiate a new loan or apply for a home loan for the existing because they will not assist me.
What can I do? Is there anyone out there who can help me legally and ethically to understand what is going on? Is there any recourse?
However, the mortgage as I am trying to work with them keeps giving me the run around; for the fourth time providing same documentations and as the mortgage company states " we are still processing this". My father has been deceased for the last three months. I cannot make a payment without further information. I cannot negotiate a new loan or apply for a home loan for the existing because they will not assist me.
What can I do? Is there anyone out there who can help me legally and ethically to understand what is going on? Is there any recourse?
hi marley,
well, you should be in constant touch of the lender and check out whether or not they have processed the documents so that you can assume the loan or refinance it. you should ask them to complete the process asap or you may not be able to save the property. you can even consider taking help of an attorney in this situation.
thanks
well, you should be in constant touch of the lender and check out whether or not they have processed the documents so that you can assume the loan or refinance it. you should ask them to complete the process asap or you may not be able to save the property. you can even consider taking help of an attorney in this situation.
thanks