the city/state will sieze the property and do 1 of 2 things... have an auction to obtain the monies owed and/or keep the property and do as they mean fit
The mortgage must be paid if the heirs wish to keep the real estate. The decedent conveyed an interest to the lender and if the mortgage isn't paid the lender can take possession of the property by foreclosure. You should discuss the situation with the attorney who handles the estate.
Generally when a person dies intestate with no living relatives their property escheats to the state.
Yes, a bank can take property that they have no interest in. This usually happens when a person has not paid their loan, and now has no right to the property.
no
The "Estate" (all the properties owned by the deceased) is obligated to pay those taxes, a Lien can be obtained and it can extend to the executor and their property if they are not paid from the proceeds of the estate.
If a person dies and their home is not paid for, often times the family would be responsible for the bill. In some cases, the loan may actually be forgiven.
Generally, the mortgage must be paid or the lender will take possession of the property by foreclosure. You should consult with the attorney who is handling the estate.
Absolutely not. That person would be a volunteer, having paid the taxes on property they don't own. Paying the property taxes does not bestow legal title. You would need to obtain title from the heirs or from the town after the town takes possession of the property by tax title foreclosure.
If the mortgage isn't paid the lender will take possession of the property by foreclosure and sell it.
It is paid to the estate of that person and is used to pay his unpaid debts or given to his heirs.
When a person dies owning real property, or any property, that property passes according to their will or according to the state laws of intestacy if they had no will. You can check the laws in your state at the related question ink.When a person dies owning real property, or any property, that property passes according to their will or according to the state laws of intestacy if they had no will. You can check the laws in your state at the related question ink.When a person dies owning real property, or any property, that property passes according to their will or according to the state laws of intestacy if they had no will. You can check the laws in your state at the related question ink.When a person dies owning real property, or any property, that property passes according to their will or according to the state laws of intestacy if they had no will. You can check the laws in your state at the related question ink.
The executor does not have any rights or responsibilities before the person dies. Being paid makes no sense and is not a legal right.