Ask a real estate pro: Will my heirs be responsible for home loan I co-signed for my son? – South Florida Sun Sentinel

Perhaps the only saving grace is that if a lender collects from one of the joint and several borrowers, that borrower can seek “contribution” or reimbursement from the other borrowers. This means that, depending on the facts, if your son’s lender looks to you to repay the loan, you can look to your son to get the money back.

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