If my Dad dies, and has a mortgage left on the house what happens? Posted on March 30, 2011
My dad had a stroke, and his health isn't great. I live in the home with him and take care of him. He owes about 40k on the house. My concern is when he dies the family and I want to keep the house. His life insurance would cover the remaining balance owed, so My question is if i just pay the bank off will they than sign it over to me? or should I just continue making the regular payments after my dad passes?
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