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Estate/transfer of property

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Icon Mini Profile eyeamsam





Joined: 19 Aug 2011

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Post Posted: Fri Aug 19, 2011 9:35 pm    Post subject: Estate/transfer of property
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I am the executor of my deceased mother's estate. She had a reverse mortgage which I have just paid off. I now want to transfer the home & property into my name. What is my next step?
Icon Mini Profile raymond
raymond
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Joined: 03 Jul 2009

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Location: Irvine, California
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Post Posted: Sat Aug 20, 2011 10:42 am    Post subject:
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How did you pay it off? You could have refinanced the Reverse Mortgage with a Forward Mortgage. That would have paid off the Reverse Mortgage lender and also put Title into your name.

Now you have to complete the Probate process to get it into your name. When Probate is complete, Title will be transferred into your name.

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Raymond Denton
www.RaymondDenton.com
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