Asked by Dejavu, Rochester, NY • Tue Oct 11, 2011
My mother died in March of 2011, leaving behind a house with two mortgages. I ave assumed payments, but have not had the tilte and deed transferred. I currently live in the house in Rochester, NY and am wondering what options I may have to purchase the home, walk away from it, or leave things as they are and stick and stay? The first mortgage with HSBC is ~$69k and the second mortgage with HFC is ~$19k. The house was appraised at $72k.
Please help me for I am torn as to what to do!
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