QUESTION

can I use the DE221 form?

Asked on Jan 06th, 2021 on Wills and Probate - California
More details to this question:
My husband died without a will. He was the sole owner of our home because when we refinanced, we got a better rate by him applying individually. The house is worth about $300-$350k and he owes $205k so I don't know if I can use the DE221 to ask for a transfer. Is the actual worth $300k or is it the value left after the loan would be paid? Thank you for your help.
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1 ANSWER

Real Estate Law Attorney serving Los Angeles, CA at Law Office of David A. Schechet
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I think you are in luck.  I would file the DE221 with the court.  The value is the market value of the property; ignore the loan amount.  Please call if you need help.
Answered on Jan 11th, 2021 at 6:45 AM

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