Am i Responsible for the mortgage?
My husband just passed away, I am not currently on the mortgage...am i responsible for it though...I live in the house? I want to stay. by janiceB39 from Buffalo, New York. Dec 13th 2010
Eddie Stephen (EdtheLoanGuy)
#12 ranked lender in Colorado - 24 contributions
I am sorry to hear about the passing of your husband. Since there is a mortgage on the property they will require monthly payments to avoid the possibility of Foreclosure. Even though you are not on title the property will go into your husbands estate, so if you are his beneficiary everything (debts included) become your responsibility.
Ed OConnor (eoconnor)
#29 ranked lender in New York - 2 contributions
is a traditional mortgage or a reverse mortgage?
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