My father is aging. We both agree we need to secure property that has been in the family well over sixty years. The problem is my uncle name was previously on the property who is now deceased and also took out two loans which my dad inherited. How do I get put on this loan? What are some ways?
My father inherited property from his deceased mother. The property at the time of inheritance had been clear of payment for several years. What happened is my fathers brother who is also deceased took out two loans which left a balnce owed, in which my father took on. My father and I has had several conversations of him wanting me to get my name on the property and inherit the loan. I am all game, except I need to know where to start. I have been researching ,"novation and quit claim." I truely don't feel quit claim will do anything. I need help!
Have a question? Ask your legal question now and get answer in a few minutes. Know the answer? Lawyers or knowledgeable lay persons may provide informative responses to this and other questions by contacing us for instructions. Receive linkbacks to your website for helping.
Related Law Articles
Related Law Questions
Search for other answers or ask a legal expert for as little as $15.
Related Law Bulletins