Any real estate guru's here?

Find a "good" probate attorney who can answer your questions and possibly handle the situatrion for you. I had a similar situation a few years back and tried to handle it on my own. I took a bath on the real estate and ended up owing a lot more money than the whole thing was worth. My siblings bailed and left me holding the bag. Guess what happened then...it wasn't pretty.

You might want to check and see if the loans were life insured. If they were then the debt died at the same time as your mother or father. Most loans of any size are life insured.

My condolences for your loss.

Jack

Two great pieces of advise. Laws vary state to state. Armchair attorneys are just likely to cost you a lot more money in the end.