Hijack to the same audience

Hijack to the same audience
by orangejubilee (2018-12-12 10:02:23)

In reply to: Question for bankers or mortgage officers posted by mustangman

Is there any way to see if a mortgage (HELOC actually) is being paid on a property you jointly own but the note is in the original owners name (deceased parent)?

Basically my sister living there is supposed to be making at least minimum payments as part of living there, but I'd like to verify that. The plan (which I have doubts will actually happen sans court) is that she could live there awhile as long as insurance, taxes and HELOC payments were made. I can see the taxes online but nothing on HELOC.

Replies:

HELOC usually means the borrower can draw down on - 1978Irish 2018-12-12 14:24:47
- We are out of the draw period - orangejubilee 2018-12-12 14:50:36
Banks are required to have a successor-in-interest policy - Irishted 2018-12-12 10:22:19
Depends on the bank - dvpgm 2018-12-12 10:08:52
- Would they likely demand payment bc of death? - orangejubilee 2018-12-12 10:19:51
  - As long as heirs of property are of lineal line - Steelhop 2018-12-12 10:55:22
  - Does your mothers estate have enough money in it - dvpgm 2018-12-12 10:27:05
    - So here's the full story - orangejubilee 2018-12-12 10:52:01
      - Does the deed say JTWROS? - Steelhop 2018-12-12 10:59:01
        Yes - orangejubilee 2018-12-12 11:10:58