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Asked 11 months ago - Temple Hills, MD
FlagThe decedent has a son can he assume his father's part of the home?
Upon death, the dead person's interest automatically passes to the survivor. There is nothing for the son to inherit, here.
And if the loan is in just the decedent's name, it is a claim against the estate. But if the survivor also signed the mortgage lien instrument, the property is pledged as security and can be foreclosed.
You do need a lawyer to review your documents and walk you through this.
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