Bank Foreclosed On Dead Homeowner
Yesterday I went to attempt to talk to two homeowners that were foreclosed on and are now in their redemption period. I knocked on one door and the next door neighbors were in there and said the homeowner is dead. A few questions:
1. Doesn't the property have to go to probate or can the mortgagee just foreclose?
2. Is there anyone (heirs?) that can take advantage of this 4 month redemption period?
Check to see how the title was held...
find the death certificate, locate the Executor of the Estate, and confirm the Letters Testamentary.
[addsig]