Posted on: 28th Jan, 2010 07:48 pm
My mother past recently oweing quite a bit on her home. It's in a good spot and is in good condition. She left a will leaving all her possessions to me. How do i go about takin over the morgage and havin the deed put in my name?
hi toucan,
if your mother has left a will leaving the property in your name, the property will have to go through probate. once the probate is complete, you can get the title changed in your name and refinance the existing mortgage. if a refinance is not possible, you can ask the mortgage company if they would allow you to take over the loan payments through a simple assumption.
if your mother has left a will leaving the property in your name, the property will have to go through probate. once the probate is complete, you can get the title changed in your name and refinance the existing mortgage. if a refinance is not possible, you can ask the mortgage company if they would allow you to take over the loan payments through a simple assumption.