Posted on: 15th Sep, 2009 10:36 am
My mom took out an equity loan and but later placed the property in my name. The loan is now in foreclosure. She is working to get it modified but would there be a problem since the property is in my name? All the paperwork the bank has asked for so far (insurance letter, and so on) are all in my mom's name still but the property tax noticeis in my name. Will the bank be unreceptive because of this?
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