Consumption and Real Estate
Previous owner of home died home was quik deeded to adult kids what happens to loan on home. refi or remain?
Question : Previous owner of home died home was quik deeded to adult kids what happens to loan on home. refi or remain?
home loan refi
Best answer:
Answer by sassy25
They must refinance the loan in their names.
That is determined by the judge of the probate court. The deed you have will not stick unless the probate already took place.
Often property has to be sold in order to pay debts.