The best I could think of is him getting a loan modification to get the payments reduced and taking it Subject To.

Some investors buy stock plans online and make modifications with the builder to customize to site conditions or preferences.

After the GAO analyzed the administrations annual plan they estimated a -124% deficit in 10 years, it is the uncertainty in the market, reduction in the tax base, expansion of the infrastructure and trade modifications that can stir the pot quickly. 

Are there any modifications done to the properties thru-out the years that violate building codes?

The house is currently under a trial modification because I almost went into foreclosure.

The house is currently under a trial modification because I almost went into foreclosure.

Lenders are required by Federal law to halt ANY foreclosure proceeding where there is a negotiation of payoff/sale/short-sale/modification.

Most judges will see you parents continued payments years past the balloon as implied acceptances of a loan modification.

In fact, I've seen lenders put together a loan modification in the side room of the court based on the court dismissing the chapt 13.

[Street]which currently has the address of __________________________________________________[Name of Recording Jurisdiction]This Security Instrument secures to Lender:(i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower’s covenants and agreements under this Security Instrument and the Note.