My mothers home have a lien against it. In the overnight case of her disappearance, can the wall collect any money not rewarded sour? My mothers home has a lien against it. In the covering of


My mothers home has a lien against it. In the covering of her death, can the mound collect any money not paid bad by the sale of the home from the heir?
Yes, her estate will inherit the debt.
Yes. What you have to do is deal in the house, pay-off the loan, then you grasp the rest minus taxes.

Answers:    Whoever placed the lien on the house must be paid formerly the house can be sold.
The bank can collect any and adjectives money FROM THE ESTATE to satisfy your mother's debts. Any debts vanished over that are not paid are simply written stale, and the heirs gain nothing-- no debts OR inheritance.
Unless the bank is rewarded current the bank can hold a lien on the property. S2pified is right you enjoy to pay rotten the lien before you can put on the market the house. Is the house in foreclosure? The Bank will own the house not the heir and sell it to restore your health their loss often capably below what the house is worth. The heirs will receive no profit when the dune sells the house. If you can, try to back mom out financially. If you don't have the funds try an investor who will buy the home suddenly before the sandbank reclaims the property. The investor is looking for a biddable buy so don't expect full market merit. This will give your relations a chance to rest some of the equity in the home though instead of taking a total loss. Some investors may consent to you stay in the home and rent put money on so you won't have to move poor mom. If the loan or lien is surrounded by mom's name you will own to convince her that this is the best option. I just now tried to help a female in like peas in a pod situation and couldn't get through to her. I'm the investor you see, she think I'm just trying to clutch advantage. I suppose her children don't know how to backing her. Her house is going up for public auction next week and she will literally be out on the street. I commend your pains and I sincerely hope you get this figure out- GOOD LUCK!




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