answersLogoWhite

0


Best Answer

They can pay the back money prior to the sale, or get the hit with the son. My son asked me to co-sign a loan. I said no for this reason. Let them become adults on their own.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Your brother co-signed a mortgage for his son The mortgage was not paid and the house was foreclosed your brother did not know What are his options?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are home refinance options for one's mortgage?

There are many different home refinance options for one's mortgage. Some of the home refinance options for one's mortgage are: refinancing one's home through a bank, and doing the same online.


Can an executor allow a house to be foreclosed on if there is no money in the estate to pay monthly mortgage?

Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.


Where can a person find options for mortgage offers?

You can find options for mortgage offer from your local bank. The options would include different rate structure, and short term or long term of your choice.


What mortgage options are available in California?

There are a variety of mortgage options available in California. Some of these options include fixed mortgages for 10, 15, 20, 25 and 30 years. There are also adjustable rate mortgages for 5 or 7 years as well as VA and FHA mortgage loans.


What services are offered by West Mortgage?

The West Mortgage company offers customers mortgage and financial advice. They offer various lending options to persons requiring or renewing a mortgage.


What are some common mortgage refinance options?

There are a number of common mortgage refinance options available to borrowers. These include: fixed interest rate refinancing, and variable rate refinancing.


What options do you have in order to obtain a commercial mortgage financing?

The options when obtaining a commercial mortgage financing is to shop around to find the most competitive and secure rate. As well one needs to look at comfort level and ability to pay for the mortgage.


How does one accquire a fixed mortgage?

You should consult your bank about getting a fixed mortgage. You have to do this through your bank and you should weigh the options of this compared to a regular mortgage.


Where can one find mortgage crm software online?

There are a number of mortgage CRM software options available online. Many of these options offer a free trial before purchasing. Some of the options are Cimmaron Software, Address Two and Nestablish.


Where can one find information on the options for a mortgage refinancing loan?

One may find information on the options for a mortgage refinancing loan on the official website for Bank Of Montreal. They have a very detailed online section that explains all the options available.


What products are offered by The Mortgage Shop?

The Mortgage Shop offers mortgage and financial services, including mortgage advice and guidance, mortgage lending, refinancing options, insurance products, and investment advice. They aim to provide comprehensive services to help individuals navigate the home-buying process effectively.


How can you buy an investment property?

You can purchase an investment property either through a local real estate agent or through a bank selling foreclosed homes. The foreclosed home route offers you a cheap entry point compared to most other options.