- Provo, UT
- Votes |
This is probably a unique situation, but I'm hoping someone has experience or knowledge. My late husband and I own three rental properties. He passed away unexpectedly about a year and a half ago. The titles of the three properties are all in the name of our trust, but the mortgages were solely in his name. I haven't done anything about that for the past year+ for multiple reasons, I've just continued to pay them. However, I'm thinking it's time to do something about them. I called the lender and no one that I could get a hold of knew anything or would tell me anything about what my options are. I was just told to send a lot of different documents via snail mail to their corporate offices. Does anyone know if I have to refinance them under my name? Will I need to pay them off? Can I just transfer them to my name? I really have no idea what this will look like.