Reverse mortgage Loan modification,collection,foreclosure
Liberty Home Equity Solutions, Inc Mortgage department,
Reverse mortgage Loan modification,collection,foreclosure Pennsylvania
My husband - - entered into a Reverse Mortgage Agreement with -Liberty - in - of -. In order for him to obtain the Reverse Mortgage, my name had to be taken off the deed because of my age - less than - years of age at the time ). My husband - passed away on - -, - due to -. -/Liberty - is attempting to foreclose on my childhood home that has been in my family for over 3 generations. I have attempted to keep my home by being told in the beginning that I could obtain a loan of 95 % of the appraised value of my home after my husband 's death. I also filed probate '' of my husband 's Will ( even though he had no life insurance ) but I probated his Will incurring additional expenses in order to give me authority to sign a sales contract from his estate to myself - this was done only to find out later (
short-sale '' and it is too complicated '' of a transaction ( arms-length ) transaction. I did not pay real estate/county or borough taxes since my husband 's passing because I did not want to incur additional expenses only to find out that I would still be unable to live in my childhood home. Now my home is set up for a sheriff 's sale '' on - -, - for unpaid real estate taxes. '' I spoke to -/Liberty - today ( - -, - - and was told that I need to pay all delinquent taxes in order to stay in the home but even if I pay the delinquent taxes that there is no guaranty or assurance that I can remain in the home and it is entirely up to HUD. I am not in a financial position to pay delinquent taxes and then to later find out that HUD still refuses to allow me to maintain residency in my home.
Liberty Home Equity Solutions, Inc customer in Pennsylvania
Jul 28, 2015
* Source: CFPB Complaint Database
Liberty Home Equity Solutions, Inc response to complaint:
Closed with explanation
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