Legal Question in Real Estate Law in New York
in 1993, I mortgaged a home for my Sister. She promised to get it out of my name in a year, and take over the mortgage, etc. This home is in Buffalo, NY. I had only a copy of a deed from 1993. My sister died. Another deed signed by me, deeding this house to her in 1998 has surfaced...I did not remember doing this..and I think I know why she wanted this done. She was finally going to get this house re-mortgaged and in her name. Well, that never happened, obviously, as this mortgage is still in my name. So, now my sister did not have a will. She does have a daughter and a son. Are they able to deed this house back to me. I want to get it sold, and now I cant do this..as this new deed is in my dead sisters name. I am now retired and live in Florida. Her children are still in Buffalo, NY.
1 Answer from Attorneys
Whoever is in charge of your sister’s estate will sell the house and payoff the mortgage. No need to transfer the deed back to you.