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    Post: assuming mortgage payments

    Posted by stacey on 6/18/07


    My mother passed away in February and had a mortgage on
    her house. I am listed as joint owner on the deed with
    rights of survivorship. I am now paying mortgage payments
    since my mother had not taken out the insurance in case of
    death on the loan. The bank that it is financed through
    says the only way the mortgage can be transferred into my
    name is if my credit rating is high enough. If my credit
    rating is not high enough, they will not move the mortgage
    over into my name. In other words, all of the mortgage
    interest that I am paying will still be reported as being
    paid by my mother under her social security number. Is
    there anything I can do about this?????



    Posts on this thread, including this one
  • assuming mortgage payments, 6/18/07, by stacey .


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