Posted on: 11th Aug, 2012 03:25 pm
my parents have a life estate on property that is in my name I was wondering if canb get a loan on the land
Hello Big Jim,
I just want you to know that "LIFE ESTATE" is simply a special deed that conveys a single property form a primary owner to a second person when the primary owner is deceased.
I hope it can help you this :idea:.
I just want you to know that "LIFE ESTATE" is simply a special deed that conveys a single property form a primary owner to a second person when the primary owner is deceased.
I hope it can help you this :idea:.
Hi big jim!
Welcome to forums!
If your name is mentioned on the property deed and if you meet all the required criteria of the lender, then you will be able to qualify for a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If your name is mentioned on the property deed and if you meet all the required criteria of the lender, then you will be able to qualify for a loan.
Feel free to ask if you've further queries.
Sussane
