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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (76798)	4/29/2007 12:22:26 PM
From: Travis_Bickle	Respond to of 306849

That's interesting, in 20 years of doing probate I've never had a mortgage holder file a claim against the estate, bank must have got caught holding it and is worried there will be a deficiency. Usually the person who ends up with the property takes subject to the mortgage and that's the end of it. If it worked that way in Florida it would be a huge mess because estates are often not liquid enough to pay off the mortgage, would increase the cost of probate five fold.