Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

spousal dower right

Author Message
geronimo01

Guest







Post Posted: Thu Nov 03, 2011 5:39 pm    Post subject: spousal dower right
Like 0
Dislike 0

Is there a legal form that a spouse could sign over dower right prior to signing at loan closing?
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Guest









Post Posted: Thu Nov 03, 2011 8:59 pm    Post subject:
Like 0
Dislike 0

Hello geronimo,

Contact an attorney in your jurisdiction. Deeds should be drafted by an attorney who is familiar with state laws and your situation, and who can explain the legal consequences of the change in ownership.

Idea

_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10562
Location: ALASKA
1089.18 Dollars($)
Post Posted: Thu Nov 03, 2011 9:58 pm    Post subject:
Like 0
Dislike 0

Welcome geronimo,

Your query has been replied to in the given page:
http://www.mortgagefit.com/ohio/foreclosure-dower-rights.html#222238

Take a look at it. I hope it will help you.

_________________
Procrastination is the enemy of your financial success
Guest









Post Posted: Mon Nov 07, 2011 3:22 am    Post subject:
Like 0
Dislike 0

Dower rights will likely IMMEDIATELY re-attached after a deed signing away dower rights. This is why the mortgage deed requires the signature of the non-obligated spouse so the dower rights are dealt with on the instrument – a second later and you’re in trouble. Since we’re talking the instrument itself, not sure what the issue is. There is such a thing as FedEx if you’re going to be out of town. I’d speak with the title insurance agent who will go to the insurance underwriter if needed. Title insurance coverage is the lender’s and new owners’ concern.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights

Bookmark this page

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage 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 New
Mortgage Planner
Simple Budgeting Tool


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (252)











We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.045 seconds.