What rights does a mortgage company have if the only borrower on the note is now deceased and there was a surviorship deed but that survivor is not on the note?

The estate has already gone through probate and has been released.

Asked on July 1, 2014 under Real Estate Law, Connecticut

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

Assuming the mortgage company's loan is secured by the real property that you have written about,  the loan needs to be kept current with respect to monthly payments or the lender can foreclose on the parcel. I suggest that you consult with a real estate attorney in your locality about the matter. One can be found on attorneypages.com.


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