What Happens if You Inherit a House With a Mortgage in Jacksonville, FL?
Inheriting a home can be both a blessing and a burden — especially when there’s still a mortgage attached. Whether the house is paid off, behind on payments, or in foreclosure, it’s critical to know your options.
Here’s what happens when you inherit a house with a mortgage in Jacksonville.
🧾 1. You Inherit the Property — Not the Debt
You’re not personally responsible for the mortgage debt — but the home still is. If no one makes the payments, the lender can foreclose and they will.
If the deceased owner was behind on payments, time may be limited to act. The bank will continue the foreclosure process regardless of the situation.
🔍 2. You May Need to Go Through Probate
If the property wasn’t in a trust or transferred via a Lady Bird Deed, it usually goes through probate court. That process can take weeks or months depending on the estate. Our attorneys have streamlined the process in Florida. We hold a local record of completed a probate in 2 days!
We work with probate attorneys to help heirs like you navigate this process — and even sell the home during or after probate. In most cases, we’ll pay for the attorney’s to handle the probate process. Allowing you to sell your home in Jacksonville to us while keeping all your money in your pocket.
💰 3. You Can Take Over Payments or Sell the House
As the heir, you have options:
- Continue the mortgage and live in or rent the house
- Sell the home fast for cash
- List it traditionally if you want top dollar and can afford repairs
If you sell to us, we’ll handle the payoff and closing so you don’t have to worry about paperwork or deadlines. We can also list your house in Jacksonville for sale the traditional way. We can explore both options and you can decide what works best for you.
⚠️ 4. What If the Home Is Behind on Payments?
If the mortgage is already in pre-foreclosure, don’t wait. The clock is ticking, and the lender may/will auction the property. We have saved many Jacksonville homeowners equity. We’ve had success delaying auctions so our clients can either sell their house after probate traditionally or fast for cash.
We can stop the foreclosure and buy the house fast — even during probate — to help you walk away with money instead of stress.
👉 Inheriting a House With a Mortgage? We Can Help.
At Buying Jacksonville Homes, we help heirs sell inherited homes in any condition, with or without a mortgage. We’ll guide you through probate, connect you with legal help, and close fast. We’re sorry for your loss. We’ve seen too many inheritances experience problems. We’re here to help.
Click here to request your free offer.