Inherited a NY Property With a Mortgage? Keep, Sell, or Settle Fast.
Estate and heirs’ properties stall when paperwork lags. We organize authority (executor/administrator/affidavits), talk to the servicer, and create a keep-or-sell plan that prevents default and preserves value.
- Establish authority: probate letters or small-estate affidavits where allowed.
- Notify the servicer, access statements, and freeze avoidable fees/force-placed costs.
- Choose a path: assumption/mod to keep—or sale/short sale if numbers don’t work.