Deanna B. asked
My brother and I inherited a mortgage from our late father's home in 2010. We hired an attorney for probate, but they only took our money without resolving the issue. The mortgage has been bought and sold multiple times, and now it's in the estate's name. I am the executor. We want to assume the loan and refinance to get a home equity loan for improvements. What can we expect, and are there any tax consequences involved?
January 5th, 2024
William L. answered
Assuming the loan and refinancing the mortgage can be complex due to the current ownership structure...
January 5th, 2024
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