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Loren
Loren, Lawyer
Category: Real Estate Law
Satisfied Customers: 29021
Experience:  30 years of real estate practice experience.
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I have a second on my house given from the seller he

Customer Question

I have a second on my house given from the seller he tecently died. Am I still responcible to pay the balance?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.

Good morning. I am Loren, a licensed attorney, and I look forward to assisting you.

Expert:  Loren replied 1 year ago.

Unless the terms of the loan provide otherwise, the obligation continues and becomes an asset of the estate of the seller. You would pay the estate until the obligation is comveyed to an heir and then your payments would be directed to them.

Expert:  Loren replied 1 year ago.

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