Selling Mortgaged Property Heirs

Hi ****! To provide you with accurate information, could you please let me know your location (state or country)? This will help in determining the specific laws that apply to your situation.

Hi ****,
In North Carolina, heirs can sell a house under mortgage, but they need to handle the mortgage debt. Here are the steps:
- The mortgage must be paid off at closing.
- The proceeds from the sale can be used to pay off the remaining mortgage balance.
Would you need more details on this process?

Sure, ****! Here are more details on the process of selling a house under mortgage by heirs in North Carolina:
- Obtain a copy of the mortgage statement to know the outstanding balance.
- List the property for sale and find a buyer.
- During the closing process, the mortgage lender will be paid off from the sale proceeds.
- Any remaining proceeds will go to the heirs.
Would you like to know about any specific legal documents or steps involved in this process?

Hi ****,
Here are the specific legal documents and steps involved in the process of selling a house under mortgage by heirs in North Carolina:
- **Death Certificate**: Required to prove the original owner’s death.
- **Probate**: The estate must go through probate to transfer ownership.
- **Mortgage Payoff Statement**: Shows the remaining balance on the mortgage.
- **Sale Agreement**: Contract between heirs and buyer.
- **Closing Documents**: Includes deed transfer and payoff documents.
Would you like more detailed information on any of these steps or documents?

Hi ****,
Here is more detailed information on the key steps and documents:
- **Death Certificate**: Obtain from the vital records office.
- **Probate**: File a petition in probate court to prove the will and transfer ownership.
- **Mortgage Payoff Statement**: Request from the mortgage lender.
- **Sale Agreement**: Hire a real estate attorney to draft it.
- **Closing Documents**: Includes deed transfer, title search, and settlement statement.
Would you need assistance with any specific step or document?

Hi ****,
While it's possible to handle the sale without a lawyer, hiring one can ensure the process goes smoothly and all legal requirements are met. A real estate attorney can assist with probate, drafting the sale agreement, and closing documents. Would you need help finding a real estate attorney in North Carolina?