[jemery]

We have a mortgage loan for a member who has not paid their real-estate taxes and if they don’t pay it is going for tax sale. Can we add the amount of the taxes to the loan? If so can we then re-amortize the loan at its current term and provide a new TIL? However, even if this is an option, what happens if they refuse to sign? Any recommendations on how to handle this?
Thanks for your help!

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[rcooper]

Look to your loan agreement to see if it allows for this.

[Author]

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