Legal Question in Real Estate Law in Michigan

My father has just passed. The house is now in my name, and he had taken a line of credit out on the house last year. In 09 he had signed the house over in a quick claim deed. My question is am i responsible for this loan?

Asked on 8/14/12, 7:36 am

1 Answer from Attorneys

Timothy Klisz Klisz Law Office, PLLC
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You are not responsible for the loan, but the lien stays on the property that you now own. So you can sell it, but the lien gets repaid unless its a short sale. Tim Klisz

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Answered on 8/14/12, 10:35 am

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