What happens to a mortgage when heirs inherit a house? | NC

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Q: What happens to a mortgage when heirs inherit a house through probate? A: In North Carolina, the mortgage does not disappear. The heirs generally inherit the house subject to the existing mortgage or deed of trust. That means they inherit the equity in the property, not a debt-free house. If payments stop, the lender can still enforce its lien and may start foreclosure, even while probate is…