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Title ownership

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Lucky07

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Post Posted: Wed Nov 16, 2011 6:51 pm    Post subject: Title ownership
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Can I borrow $5,000.00 from my title home loan and that is my ownership name it? I need payoff my title loan for car. Plus to fix no heat my house in AZ. Can u help me? I need a borrow asap. Any question?
Thank u

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Icon Mini Profile sabrinatoss
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Post Posted: Wed Nov 16, 2011 7:59 pm    Post subject:
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Hello lucky07,


Conveyance of the document may be required in order to transfer ownership in the property to another person. Title is distinct from possession, a right that often accompanies ownership but is not necessarily sufficient to prove it. In many cases, both possession and title may be transferred independently of each other.

Idea

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Icon Mini Profile jameshogg
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Post Posted: Wed Nov 16, 2011 10:05 pm    Post subject:
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Hi Lucky,

If you have equity in your property, then you can cash in that equity and use it to pay off your car loan or your other debts.

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