What is the name of your state (only U.S. law)? New York
My mom passed in 2007, willed me the house. I am also the executor. The house has a mortgage. The County and the Township already have me listed as the owner. I contacted the bank holding the mortgage to inform them I was the new owner. They asked for the (Letters testemary or the letters administration, whichever they asked for my lawyer knew what it was) and her death certificate, which my attorney sent to them. I asked the bank if I needed to do anything else, provide anything else, (assuming SS#, DOB, etc...) and was told the bank's research dept. would sort it all out.
A couple months ago the mortgage payment comes in "Estate of...(my mother's name) C/O (my name.) Is this how mortgages are transferred from a deceased to an inheritor, or should I expect that the bank will soon just put my name on the mortgage, or, did the bank mistakenly put the mortgage as property of the estate instead of my name?
My mom passed in 2007, willed me the house. I am also the executor. The house has a mortgage. The County and the Township already have me listed as the owner. I contacted the bank holding the mortgage to inform them I was the new owner. They asked for the (Letters testemary or the letters administration, whichever they asked for my lawyer knew what it was) and her death certificate, which my attorney sent to them. I asked the bank if I needed to do anything else, provide anything else, (assuming SS#, DOB, etc...) and was told the bank's research dept. would sort it all out.
A couple months ago the mortgage payment comes in "Estate of...(my mother's name) C/O (my name.) Is this how mortgages are transferred from a deceased to an inheritor, or should I expect that the bank will soon just put my name on the mortgage, or, did the bank mistakenly put the mortgage as property of the estate instead of my name?