Posted on: 11th Jan, 2011 06:56 am
is person named on quit claim deed resposible for mortgage upon death of grantor?
Welcome val,
If the person's name is not mentioned on the mortgage docs, then he or she is not liable for paying off the mortgage dues.
If the person's name is not mentioned on the mortgage docs, then he or she is not liable for paying off the mortgage dues.
Home was sold at auction (yesterday) for more than judgment amount. Since both borrowers are deceased, what is the next step?
Thank you
Thank you
Hi LarryA,
May be the heirs of the borrowers will be able to get the money. Nevertheless, it will be better if you could contact a real estate attorney and take his help in this matter.
May be the heirs of the borrowers will be able to get the money. Nevertheless, it will be better if you could contact a real estate attorney and take his help in this matter.