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father died 12 years ago mortgage balance is till the same is this correct

Anonymous
Posted on: 09th Apr, 2010 04:22 am
My fathers died 12 years ago and the mortgage balance is still the same. CAN ANY ONE HELP
Hi Mariewoodley,

Welcome to our forums.

I suppose your father was the only one on the mortgage. Well, 12 years is a long time. Didn't you receive any calls or notices from the lender all this time? I think you should contact the lender immediately and negotiate a payment plan in case you want to pay off the mortgage and remove the lien from the title to the property. Now, having said so, I'd like to know what's your financial situation like. I mean will you be comfortable paying the mortgage or are you looking for some options to reduce the mortgage balance or so?

With regards,

Jessica
Posted on: 09th Apr, 2010 06:03 am
thats the thing i have been paying the mortgage for the 12 years and know they are trying to give me the run around
Posted on: 09th Apr, 2010 07:58 am
hard not to ask why you've waited 12 years to worry about the balance not declining.

please explain the "run around" they're giving you.
Posted on: 09th Apr, 2010 10:11 am
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