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Surfchik1081

Joined: 10 Apr 2009
Posts: 1
1.39 Dollars($)
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Posted: Fri Apr 10, 2009 11:26 am Post subject: how much does it cost to add someone to title in Maryland? W |
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how much does it cost to add someone to title in Maryland? We are not married and r refinacing...My boyfriend recently got divoriced. He and his ex wife are on both mtgs and title. He is getting the house and we ate getting her off title oringinally through an assumption but now more recenh a refinance. I am a loan officer and my title agency said it would cost 2.5% of the borrowed amount to add me to title. The loan is for 560k so the fees to JUST ADD ME would be roughly $7,000 well $6,800 and change. He said he would do it for free since I am an employee. Is this true, that it would really cost almost $7,000 just to add me???
~ Meredith Schwab |
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gmakerley
 Community Mentor

Joined: 09 Nov 2007
Posts: 7405 Location: bloomfield, ct
62.63 Dollars($)
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Posted: Fri Apr 10, 2009 11:33 am Post subject: |
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that seems pretty exorbitant, doesn't it, meredith? yet they'll do it for you for free because you're an employee? wow...imagine the profit margin.
your query is so state-specific that most of the responses you get will likely not be helpful. it might be worth asking the question of a different title company, just for the heck of it. _________________ George M. Akerley
Loan Consultant
860-221-5044 |
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linda eisenhardt
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Posted: Thu Oct 29, 2009 7:03 pm Post subject: WANT TO add name to title |
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| i have a life partiner want to add name to title in maryland how do i do this |
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smithsussane

Joined: 18 Sep 2008
Posts: 3738 Location: Alaska
561.45 Dollars($)
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Posted: Thu Oct 29, 2009 11:23 pm Post subject: |
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Hi linda!
Welcome to forums!
You can add your life partner's name to the property deed with the help of a quitclaim deed. You need to contact an attorney and get a quitclaim deed form for Maryland drafted by him. Once the deed is signed, you need to notarize and record it at the county recorder's office where the property is located.
Feel free to ask if you've further queries.
Sussane |
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