Posted on: 16th Mar, 2009 09:41 am
My aunt is refinancing her house with me. Will I automatically own the house if my name is on the mortgage and the deed, and what taxes and who will pay for any taxes when she passed away?
Welcome carlo,
if your name is on the property deed, you will own the property. As your name will be on the property and the mortgage, you will be responsible for paying the taxes once she passes away.
if your name is on the property deed, you will own the property. As your name will be on the property and the mortgage, you will be responsible for paying the taxes once she passes away.