Legal Question in Real Estate Law in Michigan

spouse house
My late husband (3 weeks) has a home with a balloon payment due Jan 2008. The home was still in his name as we had the home for sale June 2007-Dec 23 2007. He passed on Dec 13, 2007. The bank has issued an extension for the balloon. What legal rights do I have to the property? Does his grown children have rights or obligations to the property? I had to sign as co-owner when placing the property for sale in June 2007. I need to know before signing for the balloon finance extension. Do I need to be made executor?

Asked on 1/04/08, 2:10 pm

2 Answers from Attorneys

Renee Walsh LawRefs Nonprofit

0 users found helpful

0 attorneys agreed

Re: spouse house

Your rights in the home will depend on how the house was held, e.g., whether your name was on the deed and whether the deed language indicated joint with rights of survivorship, tenants by the entireties, tenants in common, etc. Your rights will also depend on whether your husband had a will.

You should consult an attorney. If you decide to go it alone, contact the probate court in the county in which you reside and begin there.

If you would like my assistance in the matter, please email me directly via the email address below and/or find out about me at my website, www.lawrefs.com.

Answered on 1/04/08, 2:14 pm

Mark as helpful