Asked on Sep 08th, 2012 on Real Estate - New Jersey
More details to this question:
My brother and I inherited my deceased moms home in 2009. Probate completed in Middlesex co. I am the executor, my brother signed an Executor Renunciation.
I have been living in the home for 2 years following my divorce. I would like to get an equity loan for debt consolidation. The house is free of any liens. How do I get the deed in my name (and brothers if necessary)? What are my options on a loan?
As the Executor of the estate, you can transfer the property into your name, and if you would, your brother's name also. Once the deed is in your name, you can get it appraised and see how much a lender would give you on the value to consolidate the debts. Transferring the deed is very easy and any lawyer can do it for you. If you would like, call my office, we can look at the current deed and let you know what needs to be done.
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