If your name is not on the Mortgage Note then you have no fiduciary responsibility.
Foreclosure is very hard, especially when emotions are involved. If you want to talk further, I would be available to you. Thanks and good luck.... more
Connecticut has become more defendant friendly over the past 2 years, most cases are reverted directly to mediation and the mediators are very knowledgeable especially on loan modification.
Even if mediation were not to work the process is very drawn out, the court offers extensions giving you time to attempt modification, short sale or deed-in-lieu-of and it could take years for the bank to take the home, then housing court may allow you to stay in the home as much as 6 month beyond the eviction date.
The state web site is very informative, and the clerks at the court are very helpful, just make sure you do not miss answer or court dates
Buy a home after foreclosure, short sale, deed-in-lieu-of or bankruptcy expert
Helping families/people that have lost their home get back into another in as little as 6 months... more
Candace gave you some good advice..also you can go to the town clerks office to see what lis pendens are on the address you purchased just in case there is anything else that needs to get taken care of at the same time. In the future it may be a good idea to do this process before you close. Most title searchers find these liens prior to closing. I am routing for the positive that they are taken care of "your back taxes" Good Luck in your new home.... more
I am sorry for the confusing situation that has been foisted upon you. Take a breath and realize that there is little that you can do until you are able to talk to those who are or were involved in your purchase â€“ your Realtor, the title company and the law firm of your late attorney. There is little help that we can provide on this forum since we do not have the complete details of your transaction. In addition, the advice that you are seeking is legal advice in nature and most of the folks on this forum are not attorneys.... more
Have your agent call the seller's agent to see if he or she can find out what the time frame is (you will not get a definite answer but an approximate is better than no answer). I work in CT and NY and they are at times are very different. I had a buyer in NY put an offer in on a short sale only to be told the bank was not making any decisions for 60 days. The buyers walked and have since started looking at other properties. Especially with the 2 lein holders involved you are looking at a bit of a wait (3 or 4 months). If you can wait it out do so. Best of luck to you Rob...---Ann Grant... more