My father-in-law passed away. He left a home to my wife worth abought $400,000.00. It has a mortgage with about a $26,000.00 pay-off,and a $530.00/mo. payment.Should she tell the mortgage company about his passing, and just continue making the payments? What about getting a loan to refurbish the home if she decides to improve, or sell the home?
2007-07-14
18:33:37
·
2 answers
·
asked by
Anonymous
in
Business & Finance
➔ Renting & Real Estate
Additionally,she has durable power of attorney, and is willed the hieress of the majority owner of the property. With co-ownership with her son and daughter(50/25/25).
2007-07-14
18:50:34 ·
update #1