if my husband dies am I responsible for his mortgage on another home that we do not occupy?
Answer
No, you are not personally liable for the home loan. However, if the home loan is not paid, the bank has the right to foreclose on the property. Therefore, if your hope is to assume ownership of the home, you will need to deal with the home loan as well. If you would like the assistance of counsel, please feel free to contact our office.
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