Legal Question in Real Estate Law in New York

Re: I inherited a mortgage and have terrible credit

There are several options you may have in your situation.We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

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Re: I inherited a mortgage and have terrible credit

I am sorry for your loss.

Your Dad's mortgage was written to him. So, before contacting the lender about lowering the interest or principle, you have to determine if the lender will let you assume the mortgage. If yes, then you can ask about mortgage modifications.

If you cannot assume the current mortgage, you may want to investigate other financing options available to you.

Good luck,

Sarah Klug, Esq.