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notmenowhere · Joined: 07 May 2009 Posts: 2 1.55 Dollars($)

hello, I live in California.
I am buying a house.
Only my name is on the mortgage.
She quitclaim her 50% of the house to me.

is she responsible for the mortgage, should anything happen to me??

ashleyblanton · Posted: Thu May 07, 2009 3:10 pm Post subject:

No. If she is not on the loan, then she is not obligated to the mortgage payment. But if the mortgage is not taken care of, she can lose the home.

notmenowhere · Joined: 07 May 2009 Posts: 2 1.55 Dollars($)

thanks for the quick reply. Californian law is a little confusing. I just don't want the bank to come after her should anything happen to me.

Thanks for the help Smile

cheers to you

ashleyblanton · Posted: Thu May 07, 2009 3:15 pm Post subject:

Yeah, I live here. Confusing for sure.

Just to clarify, they won't come after her financially, but if the home loan is not taken care of, she will be kicked. out. Smile

Let me know if I can be of any more help.

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is my wife responsible for my mortgage