foreclosure

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mikedeals

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My parents bought a house in Las Vegas and lived there until their deaths over 12 years ago with my younger brother...

He is a Jr. and when my parents were both deceased he never notified the mortgage company. He paid the mortgage for years and until recently the subject never had a reason to come up.

My parents specified in their will that my brother would receive 1/3 of their estate, I would receive 1/3 and since each of us has one natural daughter, they each would receive 1/6.

Now recently he has been drinking and gambling and has not made several mortgage payments... I think that foreclosure may be near if not already started..

If he is foreclosed on, do our daughters and I have any recourse or remedy at this point?

Thanks, Mike S
 
Q: If he is foreclosed on, do our daughters and I have any recourse or remedy at this point?

A: Yes, you may buy the place at the foreclosure sale. Before you do that, however, run a title report on the place and see who actually owns it.
 
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