What are you looking for? 

after closing how do you put moms name on deed

Author Message
Icon Mini Profile lewes2008



Joined: 31 Mar 2008

Posts: 1



1.00 Dollars($)

PostPosted: Mon Mar 31, 2008 9:54 am    Post subject: after closing how do you put moms name on deed

after my husband died my son wanted me to move closer to him. Our agreement was that he would include his brother and myself as part owners. We gave him one hundred thousand dollars and he paid the rest.When I sell my home in another state I said i would put that money toward the new home near him. His reason was he didn't have time to draw up the papers needed before closing. At 78 I feel I have no security. what should I do to protect my interest?
 
image
Icon Mini Profile larry



Joined: 27 Jun 2007

Posts: 2911



403.68 Dollars($)

PostPosted: Mon Mar 31, 2008 10:36 pm    Post subject:

Hi,

Welcome to the forum.

Have you given the money already? Do you have any prove on that? You should have a written document that you have given him the money.

Your son can add you and his brother on the deed by using a quitclaim deed. Ask him to add both of you on the deed as you have given such lump sum money to him. It is not very time consuming. If he cannot do it then his brother can do it for you. But he will need to sign the quitclaim deed as a grantor. And then you can notarize and record the deed in the County Recorders office to make the deed valid.

You can take help form an attorney.

Feel free to ask if you have any farther questions.

Best of luck,
Larry
 
image
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terminology
Industry News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool
Mortgage Planner
Simple Budgeting Tool


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk

 
About Us  | Contact Us  | Privacy Policy  | Testimonials  | Website Tools  | RSS Feeds  | Site Map 
We have chosen to apply the Creative Commons Attribution License to all works we publish.
This work is licensed under cc by 2.0