Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Hi and welcome to JA. Ray here to help you tonight.
Are the mortgages here in your name or still in your mothers name??
If you have not assumed the mortgage, put it into your name them you have no liability here.You can quit paying and they just foreclose.You are not liable for any deficiency.
If this is the case you can live there until foreclosure is complete and saver your money to buy your own place.If it is underwater and you aren't on the note let it go here.
Please follow up I will be happy to respond, thanks.