Help! USDA threatening foreclosure—what can we do in 45 days?

HeinzMorn

Hey fellas… first time posting here, but I need input. So long story short—when my wife and I got married, I moved into her house, which was shared by her and her ex-husband. She had told me beforehand that they hadn't made a payment on the house since 2017. I thought, well, that's different—she had chalked it up to error on the USDAs part. Well, to sum up, the other day she and her ex both recieved letters from the USDA, stating that 45 days out they would seek to start pre‑foreclosure proceedings. She's called them—and is currently waiting to hear back. Anyone have any advice to impart? I know its a weird situation, but I just need help. And prayers… thanks.

SpeedRamonJebb

Be prepared to make a pretty large payment or move out

TerryTheTank

So, keep your finances separate from this person if you can. They try to shift responsibility. And if you somehow come up with the money, get contracts drawn up to recognise your financial input. Don't trust people who are always trying to see what they can get away with. And yeah, research the term “financial abuse.”

xdelpawn3cut

Foreclosure proceedings sometimes takes 3yrs out to complete... Prepare to leave unless...

HypeFlowNocturnal

USDA mistake or not, she knew she should be making payments and just didn’t. Even if you take this to court, no judge will buy that she earnestly believed she didn’t have to pay. USDA isn’t going to work with her; it’ll likely require a huge sum (8 years of back payment plus fines and late fees) to stave off foreclosure.

Honestly, your best bet is to try to sell the house as‑is within the next 45 days, before foreclosure, and hope she can walk away without wrecking her credit tough if her ex is still on the mortgage and won’t agree. If you do sell, don’t get greedy; just aim to pay off the mortgage and spare her credit for the next ten years.

Don’t combine finances with her her presence on any lease or loan will be toxic.