Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
A lien on a house goes with the property- the house provides security for the liens.
As such, when escrow closes, the liens will be paid off, and any remaining proceeds will then be distributed to the heir that inherited the house.
Sometimes a will may provide that debt is to be paid off by a certain fund set aside for that specific purpose- so one should review the will and verify that is not the case; if that is not the case then the house itself serves as collateral for the liens.
Further questions? Please post here to continue the chat.
Satisfied? Kindly rate positively so I receive credit for assisting you.
(no additional charges are incurred).
Information provided is for educational purposes only. Consultation with a personal attorney is always recommended so your particular facts may be considered. Thank you and take care.
checking in on the above;
thanks for using Just Answer!