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What happen if the owner of a house died and it is not paid yet?
Wiki User
∙ 11y ago
sell the house and get another one
Wiki User
∙ 11y ago
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How do you get the deed to a house if the owner has died and the mortgage is paid?
The deed belongs to the estate and the estate can transfer the property in accordance with the will or the laws of intestacy.
How much does a ghost hunter get paid?
Well, it depends on the house, the ghost, and the owner of the house (or business). The owner haves to pay the hunter. If the haunted cause is serious, the hunter gets payed double. They only get paid if they find out weather there is a ghost or not. There is no charge. But if there is one, they get paid at least 5 bucks. If not, the owner gets to decide.
Your parents died and left you property your name is on the deed but not on the mortgage is that a problem?
It is not a problem, but the mortgage will still have to be paid by the surviving co-owner even if that co-owner did not borrow or get any of the money from the mortgage, because it is a lien on the house.
What happen when you buy vehicle from private owner and finance is not paid in full?
The unpaid finances are transferred to you and you should pay them in order not to impound your vehicle. Than you can sue the previous owner.
Can the Owner get deeded house back?
The owner of a deeded home can get the home back if the home is in his or her name. The taxes must be paid on a deeded home in order for it be a clear deed.
How do you go about owning the house you live in without buying it if you haven't paid rent since you moved in?
The only way to "own" a house is to purchase it from the legal owner.
You were never married but own a house with a friendare they intitled to half of the house they never paid anything towards it?
rent of an apartment in the house did pay for a portion of the mortage,25%.the other half owner nevr paid anything,and lived there 7 yrs,what legal rights do i have.
Can lien on a house affect the owner's credit if the house was bought with cash?
Yes. A lien will show up on your credit record whether you paid cash or mortgaged your property.
Who is responsible for a mortgage if the owner dies before its paid off and the house is left to her son in a will?
The mortgage should be paid by the remaining estate. If there is not enough cash left to pay off the mortgage, the house can be sold and the mortgage paid at closing, or if the mortgage is assumable, the son may take on the mortgage as his own debt and keep the house.
Where can you find a release of lien for an owner financed property and being that the owner's have died?
Once you have paid off the loan to the seller, or the seller's estate or heirs, they should give you a lien release.
Does a landlord or owner have to have a property insurance?
If the property in question is not paid off and there is still a mortgage to be paid, the mortgage company requires that the purchaser have full insurance coverage on the property. They do not want to lose their investment to a careless fire! If the property is paid for and there is a different person living in the house and paying rent, usually the property owner requires the renter to carry full coverage insurance on the house. I hope this is helpful and answers your question.
Is a property tax bill same as rent bill?
Rent bill is for the lease or rent to live in an apartment or house and is paid by the person living there. A property tax bill is for taxes on the property and is paid by the owner.
