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My step-son bought a house and your deceased husband has is name on the loan they put the house up for collateral the house is in foreclosure. The deed is joint tentancy. Will i be responsible.?

Updated: 12/22/2022

Wiki User

∙ 16y ago

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since the deed is in joint tenancy,to my understanding, the deceased name will come off the property once the death certificate is recorded in that county for the deceased,if I am understanding the question right.If the house is in foreclosure,the first person with the first lien against the property will be paid first at the time of the actual sale of the property.

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∙ 16y ago

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Q: My step-son bought a house and your deceased husband has is name on the loan they put the house up for collateral the house is in foreclosure. The deed is joint tentancy. Will i be responsible.?

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Related questions

When a parent and child have a joint checking and the parent dies does the child receive the money?

Depends how the account was set up (Joint Tentancy with Survivorship Rights, Grantors Trust, under the UGMA, etc.) The generic answer is no, it would not be treated as income. The money in the account would be included in the decedants estate and be distributed through either Trust or Probate as a qualifying gift.

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My step-son bought a house and your deceased husband has is name on the loan they put the house up for collateral the house is in foreclosure. The deed is joint tentancy. Will i be responsible.?

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