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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Julian King
  • Real Estate Agent
  • Washington, DC
2
Votes |
11
Posts

Refinance & Debt

Julian King
  • Real Estate Agent
  • Washington, DC
Posted
My grandmother is elderly and currently a new member at an old folks home, my brother is seeking power of attorney so we can sell her property to pay for her care. Through research we found out she refinanced her home in 2011 and spent nearly all of the money she received on clothes and food. She also has nearly 200k in consumer debt that has been in the making since my birth. The property value has drastically increased since the refinance, I cannot for the life of me find out how much she refinanced her house for. I am in desperate need of guidance.

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