Posted on: 20th Jun, 2011 10:37 pm
my mother had put me on her house as the co signer back in 2001. she had gotten dementia in late 2007 and thought i was stealing her house. i signed a quit claim deed. now she has passed away. do i get the house? what happens next and the loan? am i responsible? quit claim was filed jan 2008. live in nm
Hi Ashley!
Welcome to forums!
You can file an affidavit of heirship at the county recorder's office and get the property transferred in your name. Then you can refinance the mortgage in your name and pay off the mortgage dues. If you don't want to be responsible for the mortgage and the property, then you can let the lender foreclose the property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can file an affidavit of heirship at the county recorder's office and get the property transferred in your name. Then you can refinance the mortgage in your name and pay off the mortgage dues. If you don't want to be responsible for the mortgage and the property, then you can let the lender foreclose the property.
Feel free to ask if you've further queries.
Sussane
Is there a will your mother left? Are there other heirs to the property? If there are other heirs and no will, the property should have gone through probate. If she left a valid will stating you receive the home, then you can do as Susanne said.
