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Who pays Mortgage?

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Icon Mini Profile bphillips205





Joined: 14 Mar 2010

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Post Posted: Sun Mar 14, 2010 11:16 am    Post subject: Who pays Mortgage?
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Mortgage in deceased husbands name, house deeded in widows name. Deceased husband has an Estate in Childrens name. Are they responsible for mortgage in there dad's name?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10477
Location: Nevada
990.06 Dollars($)
Post Posted: Sun Mar 14, 2010 8:31 pm    Post subject:
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Hi bphillips,

The children are not responsible for the loan that their father had taken. However, as far as I know, as the loan is in your husband's name, it is the estate which will take care of the mortgage payments. You can contact a real estate attorney and take his opinion in this matter. He will be able to help you in a better way.

Thanks
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