Anonymous
Post 04/18/2014 07:45     Subject: friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

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.
Anonymous
Post 04/18/2014 07:38     Subject: friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

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
Post 04/17/2014 16:31     Subject: friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

And sound like half the net of the sales would go to his sister.
Anonymous
Post 04/17/2014 16:30     Subject: friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

He can't sell the house if he is not really the executor and it's titled to a deceased woman.
Anonymous
Post 04/17/2014 16:30     Subject: friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

I agree w the mental illness aspect. He needs a dr and a lawyer.
Anonymous
Post 04/17/2014 14:04     Subject: friends mom died, he is now executor of estate and cant afford the mortgage- whats next?

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.