Legal Question in Real Estate Law in Missouri

My mother in law's aunt has recently passed away. She owned a home that is paid for but there is an active $48,000 home improvement loan on the property. My husband and I would like to take over the loan and ownership of the property. How do we do this legally?


Asked on 5/16/10, 4:11 pm

1 Answer from Attorneys
Anthony Smith LawSmith

Under the facts you described, iot appears taht you and.or your husband could buy the house from the decdent's estate. You might be able to assume the home improvement 9equity) loan or go get separate financing to pay it off.

Good luck

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Answered on 5/24/10, 3:58 pm


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