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One of the most common questions we are asked, is: “CAN ADVANCE INHERITANCE, LLC HELP AN ESTATE AVOID FORECLOSURE?”
The short answer is: “YES.”
Estate Professionals often call us when the Estate home and all its equity are threatened by foreclosure.
Estates are generally administered by a Decedent’s family member, who is inexperienced with Estate management, and often times overwhelmed by the strict timelines associated with solving a foreclosure problem on the Estate home. Sometimes we are asked for our expertise within a few days (sometimes hours!) before a foreclosure sale is set to occur. The Estate needs immediate cash to prevent the imminent foreclosure sale, which would then allow time to sell or refinance the Estate home in a timely manner.
Fortunately, the Advance Inheritance staff is experienced in dealing with this sort of issue. Most times, we are able to arrange a cash advance in time to save the property from foreclosure, which preserves potential inheritances for a Decedent’s heirs or beneficiaries.
As always, we advise you to contact an attorney for advice and call Advance Inheritance to assist you.