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Borrower Options
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October 25, 2010, in Selling

In 2006 my mother used her credit to help her sister purchase a home which my aunt. Now my aunt cannot afford the home and is behind in the payments. The loan has an adjustable rate and is upside down. My mother wants to try to sell the home but needs to know what options do we have since she is the borrower and my aunt is second borrower with "Title Only".

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Adam Highton    October 28, 2010

I am a Real Estate Broker in Portland, OR, and if you can let me know where the house is located, I would be happy to refer you to an agent who can talk to your mom and aunt. There are several alternatives to foreclosure, and talking to someone knowledgeable is important.

When a homeowner is behind on their mortgage, it is important to act quickly to find a solution. Feel free to email me and I will do what I can to get your family the help they need.

I hope this helps.

Adam Highton
Oregon Principal Broker
Certified Distressed Property Expert
Keller Williams Realty Portland Central
(503) 484-7370
adam@hightonhomes.com