Posted on: 04th Jul, 2013 01:00 am
Will I be able to get a mortgage on a property which I do not own alone and the other owner has recently deceased?
Hi Guest,
You will have to first remove the deceased owner's name from the property deed by filing an affidavit of heirship and then apply for a mortgage on that property.
Take care
You will have to first remove the deceased owner's name from the property deed by filing an affidavit of heirship and then apply for a mortgage on that property.
Take care
Yes, after the other persons Estate has completed Probate.
File an affidavit in order to do the needful as soon as possible. Otherwise you might not be able to acquire a mortgage loan.