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Who is responsible for a mortgage note when the holder dies?

A month ago my father passed away. 4 years ago he bought me a house in FL. He was the only note signer, and the only one on the mortgage.
Under FL law my mother is on the deed, but not the mortgage or promissary note. He did not have a will that was signed. (he had a will but didn’t get to sign it in time, his death was to sudden)
Who is responsible for the loan now?
Can we give it back to the bank, without any adverse action?
Can I buy the home at a reduced loan amount?

The “estate” is responsible. If your mother wants to keep the house, she or the estate need to fork up the money.

You can give it back to the bank, but if it’s worth less than the outstanding loan, the estate needs to pay the balance.

You really should call the bank and ask to reach a mutual agreement. In this day, the bank doesn’t want another house to get rid of. They’ll likely love to re-write the mortgage or take a settlement.

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