Legal Question in Wills and Trusts in Nevada
heloc
my mother in law passed, the house is to be put in the 6 childre names. there is a home equity loan on the home. does this have to be payed off first?
Asked on 6/14/09, 11:45 am
1 Answer from Attorneys
James Smith
James E. Smith Ltd.
Re: heloc
When someone dies the mortgage or deed of trust is still there. It is a lien on the house which must be paid first.
Answered on 6/14/09, 11:57 am