Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

22
Posts
1
Votes
Marissa Barrios
  • Rialto, CA
1
Votes |
22
Posts

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?

Most Popular Reply

User Stats

23,418
Posts
13,512
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,512
Votes |
23,418
Posts
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. 

Loading replies...