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ken

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PostPosted: Wed Nov 04, 2009 10:14 am    Post subject: mortgage

i want to bring my wife in the mortgage deed, is that possible.
thantz

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PostPosted: Wed Nov 04, 2009 12:13 pm    Post subject:

maybe...what is the situation at this time?
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PostPosted: Thu Nov 05, 2009 6:56 pm    Post subject:

Ken, are you trying to add her to the mortgage, the deed or both? At this point, you can only add her to the deed unless you refinance. No reason to want to do that either.
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PostPosted: Fri Nov 06, 2009 10:43 am    Post subject:

Please elaborate question......
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PostPosted: Mon Nov 09, 2009 3:24 pm    Post subject:

it seems odd, doesn't it, that almost a week later we have no further information from ken? i guess this isn't a pressing issue.
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PostPosted: Mon Nov 09, 2009 4:19 pm    Post subject:

Out of interest, other than spreading the liability to the other person as well, is there any reason why you'd want to add them to the mortgage? Couldn't they just contribute to the payments without having thir name on the mortgage as well - thereby avoiding any liability in the event of a default?

As long as their name is also added to the deed this would seem like a better solution wouldn't it?

Unless of course the purpose of adding her to the mortgage is to allow for greater borrowing?

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