Compare Mortgage Quotes

Guest

My mother wants to leave her home, with the remaining mortgage and an unpaid sewer betterment fee, equally to four adult children after her death. How do we avoid probate and inherit the house?

jerry · Posted: Mon Feb 23, 2009 3:59 am Post subject:

Hi Matt,

To avoid the probate process, she can transfer her share in the property to all four of you using a quit claim deed. It can transfer the ownership straightaway from your mother to you. Thus ownership can be transferred within her lifetime, liminating the expensive and lenthy probate process. She can also opt for a lady bird deed which will help her retain a life estate for herself.

Thanks,

Jerry

Guest

I inherit my mother house with morgage in san diego california. what do i do

smithsussane · Posted: Thu Jul 14, 2011 11:31 pm Post subject:

Hi lupe!

Welcome to forums!

You should get your name on the property deed and then refinance the mortgage in order to transfer it in your name. If you wish to save the property, then you will have to pay off the mortgage dues on time.

Feel free to ask if you've further queries.

Sussane

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Inherit House & Mortgage

Helpful References

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1