Legal Question in Real Estate Law in Indiana
I took over my deceased mothers home ( loan with bank of america )as an estate of hers, since i have poor credit and could not asume the loan in my name, all was done through a will and real estate lawer, the deed is in my name only, along with property taxes and home owners ins. i'm now trying to see if i can get a loan modification or any assistance to lower the monthly mortgage payment with b. o. a., they are telling me i can assume the loan or do a short sale. are there any other options?
Asked on 7/08/13, 3:02 pm
2 Answers from Attorneys
Jay Rigdon
Rockhill Pinnick LLP
Borrow money from somebody else. Walk away from the house.
Answered on 7/09/13, 6:55 am
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