probate process of spouse not on mortgage
Question Details: My name is on mortgage and my wife's is not. If I expire before she does what happens to the home?
Preston Branaugh / Branaugh Law Offices
Answered 3 years ago|
Contributor
This attorney is licensed in Colorado
Generally the loan will be accelerated, meaning the bank will call the amount due. If title is also held only in your name, a probate process would be needed. There are many alternatives that can be quicker and more cost effective, and we would be happy to talk with you to see which if any would help in your situation. Please contact me at 303-893-4122. Preston Branaugh, Esq.
