View Full Version : How does death affect mortgage/foreclosure
bunnyfl12
Aug 28, 2008, 11:41 AM
I am a single female with an existing mortgage. If I die before my house can be sold does it automatically revert to the lender? If so, how long after death does the house need to be emptied by my relatives? I live in Florida.
ballengerb1
Aug 28, 2008, 11:43 AM
Would there be heirs if you pass?
StaticFX
Aug 28, 2008, 11:45 AM
Do you not have a will? If you don't, I would assume it goes into your estate, which is then used to pay outstanding bills, etc... and without a will, your realatives really would not have any right to go in and take stuff.. since its no theirs.
(this is just a guess... I'm not an expert at this)
ballengerb1
Aug 28, 2008, 11:48 AM
If there are surviving relatives they would likely qualify as heirs, it would have to go through probate court to weed things out.