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I am the executor to my uncles estate. He owned a home with…

Customer Question
I am the executor...

I am the executor to my uncles estate. He owned a home with no mortgage and lived in a nursing home until he passed. He ran out of personal funds and went on medicaid to help pay the nursing home, as his monthly pension and soctal security was about 2k short a month. His real estate taxes went unpaid for several years. The house did not sell and now the county has given me notice that they will auction the house off. I don't know what to do. He owes back taxes, medicaid wants their money and also the nursing home has unpaid bills. Should I try to sell the house to one of those companies that advertise that they buy houses in any condition? The house hasn't been lived in for 10+ years

Lawyer's Assistant: Is this a fixed-rate or adjustable-rate mortgage?

There is no mortgage on the house

Lawyer's Assistant: Where is the property located?

Southampton County VA

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Just want some input on whether to try to sell or let them auction it.

Submitted: 1 year ago.Category: Real Estate Law
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Answered in 4 minutes by:
8/2/2017
Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago
Infolawyer
Infolawyer, Lawyer
Category: Real Estate Law
Satisfied Customers: 63,630
Experience: Experienced lawyer
Verified

Hello and welcome. I am working on your answer and will be right back!

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Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago

Is the property worth more than the claimed debts?

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Customer reply replied 1 year ago
Maybe, not sure. Southampton County is a depressed County. I don't think there would be that much equity left, if any.
Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago

I think that is the issue, I would have it appraised for free by a broker to determine if its worth letting it go, or getting involved more and trying to salvage some equity!

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Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago

that is a practical way to proceed!

Kindly let me know if that is fast and clear.

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Customer reply replied 1 year ago
Your site stated free, $5, $49 and now an additional $59. Sorry, but I'm not paying the $59 additional funds.
Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago

Not a problem. The $59 is for a call, which we have not done. Its just the initial $49

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Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago

is that alright?

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Real Estate Lawyer: Infolawyer, Lawyer replied 1 year ago

Great, kindly rate me 5 stars, and if I may clarify anything now or later let me know. Happy to.

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