Essentially, if I decided not to pay off the reverse mortgage, they would foreclose on the property..Therefore, they want no part of any debts or even the house so what do I do?? Do you have to get a affidaid stating they have no interest in the property, Basically, the finance co owns the...
Thank you. But it is more complicated. My mother took out a reverse mortgage on the home. I am living in the home and I will be paying the reverse mortgage off. Therefore, doesn;t that entitle me to the home? Also, what if the other siblings forfiet their right to the home? if they put...
My mother passed away in August of this year. I plan probate the will next week. I am the executor of her estate. Howevr, in the will my motherstated that her house is to be divided among the three children. As executor of the estate, do I have the authority to make the decisions on whom...