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What should be done regarding a home mortgage that is jointly held by a father and son when the father dies?
There are several issues that you'll need to address: Was there mortgage insurance? If so, contact them to see what the process is to have the insurance pay off the mortgage. How was the title worded? Did the father have a will? Does the son have resources to continue the mortgage payments? You may need to contact a lawyer to find out what to do next, especially since so many of those issues are determined by the laws of the state.
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What should you do if your husband and you jointly bought a property but he mortgaged it without your knowledge and he is now overseas and the mortgage company wants you to make payments?
you should get a devorce with him!!! i would.
Is an ex spouse estate responsible for a part of a mortgage on property held jointly with the ex spouse?
That is a complicated issue and an attorney would need to review the situation and explain your rights and options. You should consult with the attorney who represented you in the divorce since the jointly held property and mortgage should have been addressed at that time.Note that a decedent's estate is responsible for paying the debts of the decedent. You should also ask your attorney if you can file a claim for the decedent's portion of the mortgage debt.That is a complicated issue and an attorney would need to review the situation and explain your rights and options. You should consult with the attorney who represented you in the divorce since the jointly held property and mortgage should have been addressed at that time.Note that a decedent's estate is responsible for paying the debts of the decedent. You should also ask your attorney if you can file a claim for the decedent's portion of the mortgage debt.That is a complicated issue and an attorney would need to review the situation and explain your rights and options. You should consult with the attorney who represented you in the divorce since the jointly held property and mortgage should have been addressed at that time.Note that a decedent's estate is responsible for paying the debts of the decedent. You should also ask your attorney if you can file a claim for the decedent's portion of the mortgage debt.That is a complicated issue and an attorney would need to review the situation and explain your rights and options. You should consult with the attorney who represented you in the divorce since the jointly held property and mortgage should have been addressed at that time.Note that a decedent's estate is responsible for paying the debts of the decedent. You should also ask your attorney if you can file a claim for the decedent's portion of the mortgage debt.
When a mortgage is in husband's name only but wife and husband have joint tenancy with survivorship warranty deed in Georgia then husband dies without will does wife owe mortgage?
You haven't provided important details such as what came first- the mortgage or the survivorship deed. You should consult with an attorney to determine your obligations and options regarding the mortgage.
What are you supposed to do with the 1099A from the mortgage company?
Your 1099-A should be reviewed by a professional when you have your taxes done. See the related information provided by the IRS regarding mortgage forgiveness.
Is there a mortgage company in Chicago that can help me refinance my mortgage?
You should try Illinois Legal aid, they can help you refinance. I would not recommend Chase Mortgage, due to the high number of complaints from customers regarding it.
How do you protect yourself from incurring inherited mortgage debt from your father?
Generally, if your father owns real property and grants a mortgage while he is living there is no way you can "protect yourself from the mortgage debt" if he should die and you are his beneficiary. You could ask your father to purchase private mortgage insurance that would pay off the mortgage in the case of his death. However, if he does not then you have to decide if you want the property or not in the case of his death. If you don't pay the mortgage the lender will take possession by foreclosure. If you want to keep the property you'll need to pay the mortgage.
Where could one buy a mortgage lead?
Institutions that offer mortgages such as banks offer the mortgage leads. This would be the only place to find this. The institution it is found at should also have information regarding cost.
Do all mortgage companies issue a loss draft check to both the contractor and homeowner?
Each mortgage company has different procedures regarding the release of insurance funds. The best way to know what you should do, would be to contact your mortgage companies customer service department to find out what documents they will need and where the check should be sent.
What should I do with my dead father's house he left a mortgage on the house?
Unless you were a co-signer or legally part of the purchase process on either the house or the mortgage, you have no legal responsibility to pay back the mortgage in part or in full. If the house with the mortgage was willed to you, I would consult your family lawyer for help.
Father has credit card debt Mother and Father own the house No Mortgage Can credit card compaines come after house should he die?
You should name your country, In England, no, anywhere else, I dont know.
Are you able to take a reverse mortgage to use equity in the down payment of another home while the present home is on the market?
No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.
What could be the felling of the father regarding the woman?
Regarding what woman? This question is too vague and needs more information. I assume felling, in the question, should be feeling?
