Just the term, foreclosure brings up feelings of fear and dread. No one wants to lose their house. You may have already heard the term, or you may fear hearing it soon as you’ve fallen behind on mortgage payments.
The baby boomers are coming of age and many are finding themselves in situations where they are taking care of their elderly parents. It can be difficult to decide parents are in need of assistance with their homes.
You may be looking at selling your parents house. If so, you may need to rely on your power of attorney to sell the property. If you are using this authority, you need to make sure it’s correct.
It’s come time to prepare to sell your elderly parents home. Everyone typically puts it off as long as possible, the cost of caring for them rises and in most cases, it’s inevitable that you’ll have to face selling your parents house.