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Hello

My mother passed away last year and in her will she left her property to the four children. She still was paying on a mortgage with a balance of $130,000. How do we get the mortgage in one of the childrens name?

jameshogg · Posted: Tue Jan 12, 2010 11:03 pm Post subject:

Hi roxybuck,

The child who wants to take the full responsibility of the mortgage dues will have to refinance the mortgage into his/her name. Once he/she does so, that person would become liable for the monthly payments.

Thanks

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Mortgage Refi after death of owner