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Samantha Said:

short sale vs foreclosure for a loved one?

We Answered:

Depending on your state, while in the process of a loan modification the banks are supposed to consider your account in review and not proceed with foreclosure procedures. If you are not happy with your loan modification company may I suggest you at least do a search for forensic audit specialists, as this might be another solution to saving the property if the loan modification company is not successful.

If you have a short sale specialist and they have been successful with negotiating with the bank, and you are not looking to save the property, this is a very good alternative as well. However, banks are not required to approve short sales just like they are not required to approve loan modifications. Make sure there is no charge upfront to perform the short sale.

Pedro Said:

My father is demanding maintenance cost?

We Answered:

Your Father is NOT doing anything wrong.
All his properties will be at last yours, after his demise.
So why you are making him unhappy.
If he becomes unhappy with your behavior and treatment, he may not include your name in his will.
This family matter should not have gone to court.