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My mother is guarantor on my brother’s mortgage — using her home as collateral. What happens if she dies?

Por: MarketWatch Business October 29, 2023

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Also, what happens if my mother and stepfather both pass away and my brother’s house is not paid off? What happens if one of them needs assisted care and the house needs to be sold for that? They are both in their mid 70s. The Other Sibling “In a worst-case scenario, your brother defaults and your parents have to find the money to pay the loan or lose their house.” MarketWatch illustration Dear Other Sibling, The most obvious way to remove... + full article



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