we are in Nevada, in a loan modification

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Icon Mini Profile ljmosell




Joined: 27 Sep 2009

Posts: 1

1.28 Dollars($)
PostPosted: Sun Sep 27, 2009 7:16 pm    Post subject: we are in Nevada, in a loan modification

Can we put our daughters on our deed and still live here even after a loan modification? This is really important to us, we are 72 and78 years of age and only have Social Security. Please help. Thank You
Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1737

36.13 Dollars($)
PostPosted: Sun Sep 27, 2009 8:04 pm    Post subject:

Yes you can put your daughter on the deed
Best option is to get the loan modification done first and later add your daughter to the deed

That shoudl not prevent you fromliving there
Icon Mini Profile adonis
adonis



Joined: 22 Oct 2005



Posts: 3852
Location: ALASKA
120.89 Dollars($)
PostPosted: Sun Sep 27, 2009 9:08 pm    Post subject:

Hi ljmosell,

Depending upon your financial situation, you may be able to qualify for a loan modification. However, I doubt whether or not the lender would allow you to add your daughters to the property deed. If the lender allows you to add your daughters' name to the property, you can still live there.

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