May want to see if she's been making here rent or mortgage payment. You pay you stay, you don't you won't, but she may be figuring since she'll be moving in with you, why keep making ... more
It depends on the second loan. Many will have a Promissory note attached which means you could owe the money even after the foreclosure. To know for certain, review your ... more
According to all the lenders I deal with, you have to wait three years after the foreclosure. That said, if there are circumstances, and a lender has time, you can wor ... more
Are you in a distressed situation and looking to sell your property, or are you looking to purchase a pre-foreclosure property?
Please feel free to reach out to me direct ... more
2 years for FHA
3 years for USDA unless the lender can get an automated approval through GUS
4 years for Conventional
Lenders will require that any transaction be an "arms length" transaction. This means that business conducted relative to this transaction not involve the owner, their ... more
I wouldn't risk any more money because you only own 1/5th of the house and it doesn't sound like your other 4 siblings will cooperate.
Is t ... more