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In Mortgage Book , Page , DocumentInstrument No Form

In Mortgage Book , Page , DocumentInstrument No Form

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if you were doing a transfer on death deed do you have to contact or notify the mortgage company no is the answer okay here's why two reasons reason number one they don't care while you are alive the transfer on death deed has no impact on the property whatsoever you can sell the property you can give the property away to somebody else you can revoke the deed you can do whatever you want so the mortgage company doesn't care because it's not relevant at the time when you die in the property transfers to someone uh let's say it transfers to an immediate family member then the bank is not allowed to care they don't need to be notified that that the property has changed hands the new owners just need to keep paying the mortgage and everything will be fine if you're a non-am member technically the bank can ask you to refinance but they'll never know keep paying the mortgage you should be fine there as well all right that&#3

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