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I recently inherited my great uncle’s $1.3M house — but it comes with a HELOC and he had no savings. What can I do about that loan?Probate is a legal process that verifies the ... which typically involve assuming the loan, refinancing or selling the property to pay off the debt and keep any remaining equity.
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Bankrate on MSNWhat happens to a home equity loan on inherited property?Understanding what happens to a home equity loan on inherited property can be key to making smart decisions about that ...
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