Legal Question in Real Estate Law in Maryland
I live in maryland and i am single. my house is worth $200,000 and my mortgage
is $75000. If i die what happens with the mortgage?
Asked on 11/09/10, 6:03 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
The mortgage continues as a lien on the property, and if your heirs/estate do not pay it, the lender can foreclose.
Answered on 11/14/10, 6:40 pm
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