Answers for Credit Card Lien on Home?

What is the home worth...market value? If it is more than the debt, then sell it and let mom have the remainder of the balance. Its her home. You are trying to get a deal on Mom's misfortune. Sell the house for her, use the proceeds to pay the debt off and let Mom have the remainder, then go get a house of your own. Sounds like you and hubby are in debt to and cant afford the house either, so you are looking for a way to swoop down on the misfortune and take advantage of the situation. Guess what, you are walking into a ticking time bomb. Help Mom clean up her debt and live out her life in a little more peace, while working on your own debt. By doing that, good things will happen and you will sleep better at night. Do what is right, not what is easiest for you.

Let me remind you this is a small amount of the situation so you should consider not jumping to false conclusions. My husband and I are not in a large amount of debt. We are very responsible with our monies. My husband had the misfortune of being laid off from his job last year. We did not take job offers relating to his degree because we would have been moving away from our family. So we moved closer to her to help out and he is back in school working on his nursing degree and working full-time, and I work full-time as well. We do not make a substantial amount at our jobs, but we get our bills paid! My mother-in-law has a history with bad debt that we have bailed her out of in the past. She thinks you can spend money and ignore the calls when they want it paid back. This house is the house my husband grew up in and where his father passed away; it has great meaning to him. We would like to buy it and restore the home to a better condition.
To answer your question the home is not worth much more than what is owed on the home. Ofcoarse she would get the profits from the sale of the home to go toward her debt.
Again, jumping to conclusions can make you seem small-minded.

kcadkins-I assume the Guest posting above is you...I am sorry about the post from Midland.

I hope i can help here...
Since there are liens against the home, of the home is sold the title cannot be cleared and transferred until all liens are satisfied.

I would start with having an appraisal done...that way you will know for sure where is value is in terms of what is owed, and if there is enough to satisfy the liens if it was sold.

In terms of satisfying the liens without selling the home....it would just be paying off the taxes and the credit card lien out of pocket.