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01-05-2011, 04:13 PM
nancol
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Join Date: Jan 2011
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if mortgage holder is deceased & house is...
...titled to children as per probated will, do we assume mortgage? Do we have to pay off mortgage now or just continue monthly payments?
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01-05-2011, 07:55 PM
pmc123
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If you assume the asset, you assume the liability.
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