The house got willed to me, now what do I do

Louisiana foreclosure

This is an actual comment from a client:


"The house was left to me by my father and at the time he did this I did know that he didn't have any insurance on the house,so when I found out about the house it had a mortage and I had to pay for it ,that was hard for for me to do on many times plus my sister had got cancer and my hour was cut to take care of her so that through me behind,as of july last year and I was having a hard time them but things have changed now my sister is better and my hour at work have pickup for more money on my check plus I will have the payment come out of my check each month and I can keep up with the payments,but the house is in foreclosure please help"

There are some things you need to look out for when a home has been willed to you. A lot of times the person receiving the house in the will is not on the mortgage and this will cause a problem with the mortgage company. It does not create a problem as long as mortgages paid current but if it ever becomes delinquent than the mortgage company will have a problem with the work out if you're not on the loan.

We can work with the mortgage company to resolve this issue so that we can get a workout approved and get the loan current again.