Submitted by Shepher1251 on Wed, 11/09/2011 - 12:04
On the deed
On the deed
Just to clarify I live in the state of Florida. My mother purchased a home in 2004 she added me to her deed unknown to me. She decided to take out a mortgage on the home a few months later. Florida law I had to sign the mortgage on the property because my name is on deed (title) the mortgage is the collateral for the note THE HOME I am NOT on the promissory note. My mother is deceased and the property is being foreclosed.what type of responsibility do I have to the bank besides signing over the deed..
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Hi Shepher,
Your query has been replied to in the given page: http://www.mortgagefit.com/Mortgage-Basics/Am-I-financialy-responsible-i... . Take a look at it. I hope it will help you.
Thanks