Posted on: 08th Apr, 2010 03:58 pm
principal-$66,000
home value-$120,000
unsecured debt-$40,000
home value-$120,000
unsecured debt-$40,000
Hi hughb!
Welcome to forums!
Your heirs can file an affidavit of heirship and transfer the property in their names. Once they do so, they can refinance the loan in their names and keep on paying the dues. Thus, the bank will not be able to take away the property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Your heirs can file an affidavit of heirship and transfer the property in their names. Once they do so, they can refinance the loan in their names and keep on paying the dues. Thus, the bank will not be able to take away the property.
Feel free to ask if you've further queries.
Sussane