Legal Question in Real Estate Law in Arizona

My mom died in January, she did a reversal mortgage, there is no Will, if i file a Real Property Affidavit and get the house in my name, can the bank still take it????


Asked on 12/04/09, 12:07 pm

2 Answers from Attorneys

Donald Scher Donald T. Scher & Associates, P.C.

Yes, your ownership is subject to the reverse mortgage loan. Look at the loan documentation to learn what your options may be.

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Answered on 12/09/09, 12:30 pm
Gloria Meyer Meyer Law Office

Yes, depending on the mortgage loan agreement that your mom signed. You will need to look at the paperwork to determine your rights.

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Answered on 12/09/09, 12:46 pm


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