I Inherited a House With a Mortgage — What Do I Do?

I Inherited a House With a Mortgage — What Do I Do? What happens when you inherit a house that still has a mortgage on it? Do you have to keep making the payments? Can the bank foreclose? Can you sell the house? And what happens if it’s a reverse mortgage? In this video, Brad, the Probate House Guy, walks through what you need to know if you’ve inherited a house with a mortgage. He explains: How to find out who the mortgage lender is What to do after the homeowner passes away Why you should notify the mortgage company How probate letters can affect your ability to communicate with the lender Why keeping the mortgage payments current is important The difference between a regular mortgage and a reverse mortgage What can happen if the mortgage goes into default How foreclosure can begin in Georgia What happens when you’re ready to sell the inherited property How the mortgage gets paid off when the house is sold If you've inherited a house and aren't sure what to do next, this video will help you understand some of the options and potential problems you may need to address. Thinking about selling an inherited house? We can help you explore your options, whether you're interested in a cash offer or selling the traditional way. 👉 Visit ProbateHouseGuy.com and fill out the form to talk with our team. #InheritedHouse #Probate #InheritedProperty #Mortgage #ProbateRealEstate #GeorgiaRealEstate #SellInheritedHouse #ReverseMortgage #Foreclosure #ProbateHouseGuy Visit http://www.probatehouseguy.com/ now to work with me! ____________________________________________________________________ Brad Woodall aka The ProbateHouseGuy is a licensed Real Estate Agent in Georgia. License Number 375415 with Brokerage, OneSource Real Estate in Woodstock, GA.