Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

simple assumptions

Posted on: 18th Jan, 2011 10:07 am
My mother passed away and left her home to me in a living trust and will. I signed a paper for simple assumption and my name now appears on my moms loan. When it came up in the online screen it was my name now but B of A bought out Country wide and I now see that my Moms trust name now comes up. SO my question is My moms living Trust is what my name is attached to? I thought a "LIVING" Trust wasnt good after the person dies. How do I get it into my name and out of my moms trust? Beause I want to make a trust for my property as my mom has been gone for 6 years now.
Debbie
Hi debbie,

You should contact Bank of America and discuss the matter. You should let them know that you assumed the mortgage and thus, your name should appear on the loan docs. You should ask them to rectify the error.

Thanks
Posted on: 18th Jan, 2011 06:36 pm
Page loaded in 0.098 seconds.