Legal Question in Real Estate Law in Arizona

house

my mother passed away in dec. 2008 , loan in her name , house title in mine . ive made all payments so far , ive teied to sell but to many like this hosue for sale , but ive used all savings so i called loan co. to see if they can lower interest . do you think this is what i should do ?thank you they want to put my name on loan she said


Asked on 5/31/09, 4:40 pm

1 Answer from Attorneys
Donald Scher Donald T. Scher & Associates, P.C.

Re: house

Yes, asking the existing lender for modification of the loan terms is what you must do. Be tenacious and keep after the person you are talking to, until you get something accomplished. If they are going to change the loan, you must sign for the loan because you will be getting a new loan.

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Answered on 5/31/09, 6:11 pm


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