Posted on: 13th Apr, 2010 05:44 pm
i inherited my fathers property there are 2 creditors that made claims against the estate for about 25,000 .Would i be able to use the house as collateral to get a loan to pay them off?
Hi blank,
Has the property been transferred in your name? If yes, then you would be able to take out a mortgage on that property and pay off your father's creditors.
Thanks
Has the property been transferred in your name? If yes, then you would be able to take out a mortgage on that property and pay off your father's creditors.
Thanks