Real Title Services
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Abstrax LLC - Rob Melfi/RI (4 replies)
5/31/2013 9:43:59 AM (3797 views)

[+] Housing Perspective - Wyatt Bell/FL (1 reply)
5/28/2013 4:45:56 PM (4477 views)

FDIC's 'Problem' List Populated by Tarp Banks - David Bloys/TX
5/28/2013 11:43:43 AM (3417 views)

Largest deed scam in Harris County history - David Bloys/TX
5/26/2013 2:45:27 AM (4869 views)

[+] ATR - David Woods/IN (1 reply)
5/25/2013 12:18:11 AM (2955 views)




[+] Comment on "Appeals Court Stops a Foreclosure Where Borrower Made Every Payment" - Source of Title/OH (2 replies)
5/22/2013 8:54:34 AM (2580 views)

[+] imortgageservices - Smitty Strickland/SC (6 replies)
5/20/2013 4:44:32 PM (3266 views)

[+] Funny Words - Robert Franco/OH (5 replies)
5/17/2013 10:00:18 AM (2937 views)

[-] Just heard a very strange story about a reverse mortgage - Kevin Ahern/CT (9 replies)
5/15/2013 2:55:58 PM (2996 views)
Re: Just heard a very strange story about a reverse mortgage - Robert Franco/OH
5/15/2013 5:17:22 PM (3990 views)
Re: Just heard a very strange story about a reverse mortgage - Kevin Ahern/CT
5/16/2013 11:31:02 AM (3792 views)
Re: Just heard a very strange story about a reverse mortgage - Dawn Winning/SC
5/20/2013 1:22:26 PM (3661 views)
Re: Just heard a very strange story about a reverse mortgage - Kevin Ahern/CT
5/20/2013 2:35:34 PM (3638 views)

In Connecticut both title holders must be on the note and mortgage in order for there to be no repercussions.. If only one of them is on both and dies his estate is required to pay the mortgage. Otherwise the bank will foreclose on his interest. The wife will be named as a defendant in the suit not because she is in default, but because her interest in the property needs to be brought to the attention of the court. When the court orders a foreclosure of the decedant's interest it will most likely order a partition of the property or a sale of the property. The wife would get a portion of the sale price commensurate to  the interest she holds in the property. This is most likely the scenario if she holds title in tenancy in common without right of survivorship.

If she did not hold any title to the property she would get nothing. . If she held title by joint tenancy with right of survivor ship she would take title to the decedant's share, but would take title to it subject to the mortgage. If she was named on both the note and mortgage probably there would be no consequences.

to post a reply: login - or - register


Re: Just heard a very strange story about a reverse mortgage - Robert Franco/OH
5/20/2013 3:14:23 PM (3480 views)
Re: Just heard a very strange story about a reverse mortgage - Kevin Ahern/CT
5/20/2013 7:03:33 PM (3634 views)
Re: Just heard a very strange story about a reverse mortgage - george Hubka/MI
5/20/2013 8:39:11 PM (3656 views)
Re: Just heard a very strange story about a reverse mortgage - Kevin Ahern/CT
5/21/2013 11:22:47 AM (3766 views)
Re: Just heard a very strange story about a reverse mortgage - Kevin Ahern/CT
5/28/2013 10:49:10 AM (3515 views)

[+] Marketing - John Rawlings/WI (5 replies)
5/15/2013 9:15:15 AM (2854 views)

[+] Abstract Forms Request - Alan Miller/NC (8 replies)
5/14/2013 1:54:27 PM (3000 views)

[+] RPT-REALPROPERTYTITLES-BEWARE - charles giannini jr/CT (4 replies)
5/12/2013 10:18:34 AM (3027 views)

[+] MGB Doc's - WAYNE QUICK/NC (11 replies)
5/9/2013 12:03:08 PM (3688 views)

[+] MERS and Foreclosures being discussed on The Daily Show - John Sauers/NY (1 reply)
5/8/2013 9:45:35 AM (4134 views)

[+] Comment on "ALTA Announces Record Membership" - Source of Title/OH (1 reply)
5/8/2013 12:28:13 AM (2510 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8977 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Practical Obscurity, Revisited
Blurbs from the Bossman
2026/08/06
0 comments

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

National Association of REALTORS® Names 2026 Good Neighbor Awards Finalists
“Each of this year’s Good Neighbor Awards finalists represents the power of service to transform lives and c...
September Jobs Report Commentary from MBA's Mike Fratantoni
The National Association of REALTORS® launched “Protecting Your Clients and Your Business From Fraud,” ...
CertifID Acquires Closinglock to Build a More Protected and Connected Closing Experience
“Title companies are being asked to protect more, move faster and deliver a better experience at a time when the r...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates jumped to their highest level in almost three years, pushing borrowers to the sidelines. The 30-ye...
MISMO Publishes AVM Accuracy Testing Guidance for Lenders
MISMO®, the real estate finance industry's standards organization, today announced the release of the Automated Val...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.