Inherited a Home in Foreclosure

Your rights as a successor

Federal rules generally let a confirmed "successor in interest" — such as a family member who inherits the home — get information about the loan and apply for loss mitigation, just like the original borrower.

Federal law also generally prevents lenders from calling the loan due solely because a relative inherited the home.

First steps

• Notify the servicer of the death and ask how to be confirmed as successor.
• Gather the death certificate and probate or estate documents.
• Decide whether you want to keep or sell the home.
• Talk to a probate attorney about the estate process.