Legal Question in Real Estate Law in Ohio

Home Refinance

My fiance's father passed away leaving the house to her and 3 siblings. We currently live in the house. Would it be legal for the three siblings to sign off on the house, and then we refinance the house to pay them for their portion of the house? The reason being that interest would be lower on the loan and require no down payment. The house has no current loans against it.


Asked on 2/12/06, 8:51 pm

1 Answer from Attorneys
Philip Schmidt Brady, Coyle & Schmidt, Ltd.

Re: Home Refinance

Your question is not clear enough for me to give you a definite answer. Generally, if people who inherit real estate come to a particular agreement, we can make it work. If you would like to call me to discuss it and give me some more details, you can reach me at 419.885.3000.

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Answered on 2/13/06, 9:49 am


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