friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

[Anonymous]

Um, even if apartment rent would be the same as the mortgage, he should sell the house and take the cash and get an apartment, obviously. Seems like a no brainer.

But then, your friend sounds like he has a mental illness. So no amount of facts about probate, wills, etc., is going to help. You're asking the wrong questions, seems to me.

You should be googling, 'how to help a friend who is depresssed' or anxious, or whatever.

[Anonymous]

I agree w the mental illness aspect. He needs a dr and a lawyer.

[Anonymous]

He can't sell the house if he is not really the executor and it's titled to a deceased woman.

[Anonymous]

And sound like half the net of the sales would go to his sister.

[Anonymous]

And rent is just rent, while a house is mortgage, taxes, upkeep and repairs. He's better off selling than having it taken away from him.

[Anonymous]

Anonymous wrote:And sound like half the net of the sales would go to his sister.

If she died intestate, this is true - and if there are any other siblings, they would be entitled to a share as well. The house does not belong to him. Also, your friend is not required to pay the mortgage - the estate is. At the very least, if your friend is not going to contact an attorney, he should contact the mortgage company about what needs to be done.