Archive for September 10th, 2008

What happens to the mortgage on a house that is left to me in a will?

Wednesday, September 10th, 2008
Lost in Massachusetts asked:


A relative will be leaving me a house in their will. If there is a mortgage (home equity) on the house when they die, do I take over the mortgage? I intend on selling the house when it is left to me.

Juan
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