If someone dies and wills their house to another and there is still a loan on the house is it illegal for?

Is it illegal for the person who now has the house to just continue making the loan payments without telling the bank that has the house loan? What about the insurance? The taxes? Is any of this fraud? What is the status of the loan of a house when someone dies?

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This entry was posted on Monday, November 15th, 2010 at 7:18 am and is filed under family solicitor. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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3 Responses to “If someone dies and wills their house to another and there is still a loan on the house is it illegal for?”

  1. Cape Horn Spirit Says:
    November 15th, 2010 at 7:19 am

    just get a lawyer that specializes in real estate
    http://legal.solutionsarticles.com/easiest-way-to-find-a-lawyer.html

  2. old codger Says:
    November 15th, 2010 at 7:19 am

    The person that died must have their estate settled. That includes paying off all debts and to avoid settlement is illegal.

  3. lovs2jokearound Says:
    November 15th, 2010 at 7:19 am

    you need to find the WILL and then you need a lawyer. if money is still owed on the house it can have a lean put on it. Call the bank to find out what needs to be done.