[WSBAPT] Transfer of Mortgage

[Brent Williams-Ruth]

Good Morning List -

I am in the middle of a probate matter where there is real property with a
mortgage and a surviving spouse - but a minuscule community property
interest.  The house and mortgage were acquired 10+ years before the
relationship and marriage so the surviving spouse is not on either the
title or the mortgage.


Given that this is my first probate where there is still an outstanding
mortgage obligation and am needing some advice/tips as when the surviving
spouse originally went to the bank after death they advised her that they
would replace her name on the mortgage. That sounded too good to be true
when she told me about that and I advised her to make another visit.  On
the next visit that happened this week, she was told she would be required
to refinance and pay all the associated charges and fees.



I'm not sure whether that (refinance) is the only answer, or if I just need
to speak with someone different that who she was talking with.

​Appreciate the assistance.

Thank you,
Brent​

-- 

*Brent Williams-Ruth*
*Founding Member*

*BWR Consulting, PLLC*

Phone: (425) 830-5134

e-mail <brent at bwrconsults.com> / website <http://www.bwrconsults.com> /
facebook <http://www.facebook.com/bwrconsults>
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