I'm preparing to start the selling process of my dad's estate.

He quit-claimed it to me, which I found out upon his death. I didn't know what else to do (being 21 and scared) so I just paid the monthly mortgage bill and insured it under my name. Now that I want to sell, I HAVE to go to the bank and report his death. I know the selling price would have to pay off the remainder of the loan, but what else might happen?

What happens to a mortgage when the soul person named has died? Could the bank repo the home? Penalize me for paying but not reporting to them? I'm incredibly nave so I need to educate myself before I start meeting with any lawyers/brokers, etc.

TIA :o