Is a HELOC on inherited property due immediately upon inheritance, or after the property sells?My mom just passed away and I've inherited her home, which I'm currently living in, and have been since she became ill. She owes $43,000 on a HELOC which is in her name only. I'd like to know if I'll need to pay the loan off immediately, or will the bank (or banks in general) allow me to pay it off once the property has been sold. It needs some maintenance, which I think could be done within 4 months. I'm not currently employed and had been taking care of my mom since she went on hospice care, so transferring the loan into my name probably isn't an option the bank would consider. I do have enough money in the bank to pay off the loan, but it would be much better spent readying the house for sale.January 23 2014 - West San Jose11YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.