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Updated over 9 years ago on . Most recent reply

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Marissa Barrios
  • Rialto, CA
1
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22
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Heirs stuck with tough decision on Short Sale on house

Marissa Barrios
  • Rialto, CA
Posted

I have a question and I hope someone can help. The executor of the Estate found out mother had a reverse mortgage on it and the lender didn't give any information or tell the executor of the estate had any options on saving his mother's estate so he had to make a touch decision to do a short sale on the house. My question is What option's does the executor of the Estate have in order to save his mother's house? If the Lender does not participate in Keep your home California what other route can he have?

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

The only way to keep the house is to pay off the mortgage. 

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