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If the daughter agrees to pay the mortgage off, she will need to pay the balance...

If the daughter agrees to pay the mortgage off, she will need to pay the balance of $900k.

Would the daughters still have to pay off the mortgage if the house was inherited instead?

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Answer #1

When the property is mortgaged with regards to a loan taken from any bank or financial institution, the mortgage comes to an end when the loan is repaid back. if it is not paid back then it does not matter if it is an inherited property or an own property, the bank will get the possession and title to sell the property off and recover its damages. Hope it clears the issue.

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