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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] death of spouse Posted by robert on April 07, 2008 at 10:55 AM my wife died a few months back. The house was all in her name only.We were seperated but married at the time of her death. Under the St. Germain act, does the lender (GMAC MTG.) have to let me (husband at time of death) or her (our) children assume the loan. None of us can really qualify if we have to start anew. We want to keep the house, if even for a rental for a while , as the kids are out at school for most of the year, for a few years. What I really would like is for both children to assume the existing mtg. They can build some credit and leave me out of it. Do we have to record a new deed and all that expense? We live in Maryland Thanks robert Follow Ups: Re: death of spouse Laura 5:36 PM, 04/07/08 (0) Re: death of spouse Rick, the Probate Guy 3:51 PM, 04/07/08 (0) Re: death of spouse JK (the other JK) 2:52 PM, 04/07/08 (1) Sorry just read Marryland is not a Community Property State. JK (the other JK) 2:56 PM, 04/07/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : my wife died a few months back. The house was all in her name only.We were seperated but married at the time of her death. : Under the St. Germain act, does the lender (GMAC MTG.) have to let me (husband at time of death) or her (our) children assume the loan. None of us can really qualify if we have to start anew. We want to keep the house, if even for a rental for a while , as the kids are out at school for most of the year, for a few years. : What I really would like is for both children to assume the existing mtg. They can build some credit and leave me out of it. : Do we have to record a new deed and all that expense? We live in Maryland : Thanks : robert [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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