Posted on: 27th Aug, 2009 06:39 pm
Husband dies while sharing a home with wife and 3 kids. Wife's name is not on the mortgage. Can she assume the mortgage?
Bank wants wife to pay more that the market value of house. Balance on the home is less that what bank is asking? Does she have any legal recourse?
Bank wants wife to pay more that the market value of house. Balance on the home is less that what bank is asking? Does she have any legal recourse?
jciah
Welcome to the forum
The bank cannot just ask her to pay more than what the market vavalue is and even before that she and her kids would get the property and all she needs is to get the loan refinanced in her name.
If the bank is giving her hard time, then she needs to get an attorney
Good luck and feel free to ask
Welcome to the forum
The bank cannot just ask her to pay more than what the market vavalue is and even before that she and her kids would get the property and all she needs is to get the loan refinanced in her name.
If the bank is giving her hard time, then she needs to get an attorney
Good luck and feel free to ask