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Updated about 2 months ago on . Most recent reply

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12 years Mortgage left on a deceased Property-I intend buying!

Adebola Adetunji
Posted

Hi folks,

I was on a routine walk  and noticed a dumbster placed in front of a house. I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.

The guy told me she is  left with 12 years mortgage on the property to pay the bank. The mortgage is $1400 and the house is worth $250k.

I did tell him if it is okay for him,I could take up the mortgage and he says he would get back to me as he also as a brother and uncles to talk with.

The house is close to my work place as well.

Please, does anyone has a thought on this?

Thank you all

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