Posted on: 11th Aug, 2009 08:57 pm
My ex husband passed away. He owned a duplex which he quit claimed to his mother. She has gone and quit claimed it to myself without my knowledge. This property has taxes and insurance and who knows what else still out standing. I do not have the finances nor do i want the responsibility of this property. I have two children that I have full responsibility for now and no extra means to take care of them. I am concerned that this will ruin my credit. The mortgage is still in the deceased name
Hi clarity!
Welcome to forums!
Though the property is in your name, you won't be liable for the mortgage as it is in the name of the deceased. You may let the property go into foreclosure but you'll have to pay the outstanding taxes and insurance as the property is presently in your name.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Though the property is in your name, you won't be liable for the mortgage as it is in the name of the deceased. You may let the property go into foreclosure but you'll have to pay the outstanding taxes and insurance as the property is presently in your name.
Feel free to ask if you've further queries.
Sussane