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PLEASE HELP!!!

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Icon Mini Profile alovinghand_seniorliving





Joined: 27 Feb 2011

Posts: 1

1.31 Dollars($)
Post Posted: Sun Feb 27, 2011 1:21 pm    Post subject: PLEASE HELP!!!
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my husband and myself have been living in my grandmothers home and paying the mortgage for the past 2 years with the loan in her name. my grandmother has passed away and her daughter put my husband and myself on the deed with a quit claim deed. so heres the question, we do not have the credit to buy the house but now our name is on the deed, so does that help for us to get the loan in our name??? so lost do not know what to do
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10574
Location: ALASKA
1090.82 Dollars($)
Post Posted: Sun Feb 27, 2011 8:08 pm    Post subject:
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Welcome alovinghand_seniorliving,

Unless you've a good credit, you won't be able to get a mortgage in your name. You should take steps to improve your credit and then refinance the mortgage in your name.

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Procrastination is the enemy of your financial success
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