Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Add to a title when mortgage in both names

Author Message
Icon Mini Profile russiantrini





Joined: 27 Aug 2010

Posts: 1

1.30 Dollars($)
Post Posted: Fri Aug 27, 2010 4:57 pm    Post subject: Add to a title when mortgage in both names
Like 0
Dislike 0

My boyfriend and I bought a house together in AZ. It was a short-sale and we paid in cash. For the convinience and speed, I'm the only one on the title now. We are getting a mortgage on the property with both of our names on the mortgage. How do I add his name on the title? Would quit claim deed consider to be a sale at the price of the mortgage or these two are not related events?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10408
Location: Alaska
981.02 Dollars($)
Post Posted: Fri Aug 27, 2010 9:01 pm    Post subject:
Like 0
Dislike 0

Hi russiantrini!

Welcome to forums!

You can sign a quit claim deed and add your boyfriend's name to the property deed. This can be done at the time of the closing of the mortgage. Signing a quit claim deed won't be considered as a sale at the price of the mortgage.

Feel free to ask if you've further queries.

Sussane
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool







We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.055 seconds.