What is the name of your state? Illinois
I am financial POA for an elderly low income woman,. Two years ago in the midst of being over extended financially, she abandoned her house. After the mortgage lender was notified they put their own locks on the doors. The house remains vacant and the bank has not commenced foreclosure proceedings.
Recently a home flipper expressed interest in the house. He offered to have locksmith to gain entry. so he could determine if paying off the bank would be worth his while. The lender is a huge national bank. Its impossible to reach anyone at the bank to obtain consent. Do we have legal exposure by giving the home flipper permission to enter the house?
I am financial POA for an elderly low income woman,. Two years ago in the midst of being over extended financially, she abandoned her house. After the mortgage lender was notified they put their own locks on the doors. The house remains vacant and the bank has not commenced foreclosure proceedings.
Recently a home flipper expressed interest in the house. He offered to have locksmith to gain entry. so he could determine if paying off the bank would be worth his while. The lender is a huge national bank. Its impossible to reach anyone at the bank to obtain consent. Do we have legal exposure by giving the home flipper permission to enter the house?