Florida | Wills and Trusts

12/09/11, 12:50 pm

Legal Question

I have been willed a home with a morgage.If i want to keep the house do i need to pay off the morgage? if i sell the house does the morgage company take there money in the sale?

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the mortgage does not go away without it being paid. The bank may let you refinance through them, or they may require th...

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William Gwaltney

The mortgage goes with the house, and you don't have to refinance it or pay it off. It is not an assumption but an inhe...

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Richard Kaplan

The estate is responsible for the mortgage debt. If not paid, the lender may foreclose....

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David Slater

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