Posted on: 11th Aug, 2008 10:56 am
Hi. I was wondering if my dad would be able to sign his house over to my husband and I. Or would it be possible to buy my father's home for what he owes on it? He's going through hard times right now, and the house has almost went to foreclosure. He says he wants to put the house on the market the beginning of the year, but I want it. How could we work it out so that my husband and I would be able to keep it?
Hi e jenkins,
If the property was solely in your deceased husband's name, then he can sign over the deed to your son without your permission. However, if you were the co-owner of the property, then he would be able to transfer only his share of the property to you and not your share.
Thanks
If the property was solely in your deceased husband's name, then he can sign over the deed to your son without your permission. However, if you were the co-owner of the property, then he would be able to transfer only his share of the property to you and not your share.
Thanks
My husband's mother wans to sign over her to him. I would like toknow what we need to do to make this happen. There is a mortgage on the house.
Hi Rebecca,
You can ask your husband's mother to sign a quit claim deed in your husband's name and transfer the property to him. As far as the mortgage is concerned, your husband will have to refinance the loan in his name.
Thanks
You can ask your husband's mother to sign a quit claim deed in your husband's name and transfer the property to him. As far as the mortgage is concerned, your husband will have to refinance the loan in his name.
Thanks
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