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    Jmcakp

    Our Sister Has Borrowed Money On Our Mother's Home Since She Is The Only One On The Deed. Can We Remove Her From The Deed And Still Make Her Liable For The Loan?

    Our sister has borrowed money against our mother's home since she is the only one on the deed. Can we have her name removed from the deed and add one of the other siblings. Who is then responsible for the loan? The home was to be sold upon our mother's death and the amount divided between the four of us. Can this be done through a quick-deed?

    asked 4 months ago

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    lisamarie1

    I would get a lawyer involved.  That is sad when things happen like this.  A lot of attorneys will give you your first visit for free.  So you can get advice, and you don't have to hire the attorney if you don't want to.  I would call around.  If there was no living will, and it is in your sisters name, I don't think there is anything you can do.  That is why I would get legal advice from your local attorney.  Good luck.

    answered 4 months ago   

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      freedom1St

      I agree with lisamarie.  Preferably an elder law attorney.  I think if you remove her name from the deed, the bank will call the loan or demand that it be paid off.  Of course you cant eliminate her interest in the house without her signature if she is joint owner.  I am not sure what else to say because I cant tell from your posting whether your mother is still living or not.

      answered 4 months ago   

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