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mother is dying, mortgage left still on house.

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theewoldts Joined: 19 Mar 2010 Posts: 1 1.26 Dollars($)	Posted: Fri Mar 19, 2010 12:02 pm    Post subject: mother is dying, mortgage left still on house. Like 0 Dislike 0 mother is dying, mortgage still left on the house. 1 daughter & 1 son, both whom have bad credit. how do we save the house, how do or can we transfer it to 1 of the kids?
Niicss Joined: 03 Oct 2005 Posts: 4770 Location: New Jersey 499.28 Dollars($)	Posted: Mon Mar 22, 2010 3:14 am    Post subject: Like 0 Dislike 0 The mother can sign a quit claim deed and transfer the property to one of the children. If that child has a good credit score, then he can refinance the loan in his name. If not, then he should at least keep on paying the mortgage dues and inform the lender about his situation. _________________ Good is the Enemy of Great.

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