My grandmother bought the home we lived in the 90s for 90k at a 8% interest rate. I found out she refinanced the house several times from what seems like predatory practices and malicious advice and now owes 250k at 6%. Basically the house I thought was paid off now has 30 mortgage and she is 90. Her grandkids are in the will to inherent the house but do we inherent this mortgage?

  • Spacehooks@reddthat.comOP
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    2 months ago

    Though she didn’t needed to do that. her daughter and adult grand kids live with her. I dk why she did this. We all have jobs. There wasn’t a time she wasn’t getting rent from multiple people.

    • CmdrShepard@lemmy.one
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      2 months ago

      Do you know where the money went? Sounds like there’s a couple hundred grand in cash floating around out there.