Yes, you would be able to do this as long as you contated the people and explained the circumstances.
You would continue making payments to the estate. Eventually, they will give you instructions on what must be done as far as finding another mortgage company or person to get a loan from.
Most lenders will allow you to continue to make the payments as the loan is. Some may modify the loan. As long as you can continue the payments, you will be ok.
No, once the person who was awarded the disabilty dies, the payments to that person end. The sopuse would then have to file seperately to see if they qualify by themselves.
Yes, if those who control the dead borrower's estate do not continue to make the payments. The lender has a lien on the car, no matter who owns it.
yes
if your name was on the mortgage along with his you are the sole owner of the house . if only his name was on the deed and he had a will naming you as sole heir you have a house once you pay inheritance tax on it . if he had no will nor is your name on the deed then the house along with any personal property he had in his name ,like a car or boat etc,. they go into probate and usually held there for 6 months for any one with claims against him. then it is divided among all your children if any and you
which ever one dies it will have the other ones name
i would think so...........
Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.
No.
If you are under age and she is making the payments, yes. Look its probably wiser she takes your dads place in this arrangement.
SIC 3953 covers places making dies