Legal Question in Real Estate Law in Florida

My mother just retired and will most likely lose her house. Effective immediately she will be in the red approximately $1400 monthly if she remains in her current situation. The home was purchased over 20 years ago but due to a series of several refinances owes 182k to a home in serious need of several repairs. What is her best option (walk away from the home, etc..)


Asked on 6/29/12, 4:54 am

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Will lender agree to a short sale? This would eliminate her responsibility for a deficiency judgment. Good luck.

Read more
Answered on 6/29/12, 6:30 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida