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Company Loan Type APR Est. Pmt.

How can we buy a house after quit claim deed?

Posted on: 16th Jul, 2009 11:24 pm
my husband signed a quit claim deed of his house to his ex-wife when they divorced. we have not been able to buy a house ourselves due to the mortgage still being in his name. she now is talking about refinancing the loan to another 20 year term, even though there is only 3 1/2 years left on the current mortgage. wells-fargo will not let her assume the loan because she makes too little money, has no assets and filed bankruptcy 2 years ago. will my husband and i ever be able to buy a house together or how can we be rid of this situation so that we can stop paying $800 a month in rent when it should be going towards a house payment?
let her go ahead for refinance mortgage in her name. then, you can apply for new mortgage
Posted on: 17th Jul, 2009 11:12 am
good answer Robertsmith
Posted on: 17th Jul, 2009 12:12 pm
They wont let her refinance in her name because she only works p/t at $8/hr and has a bankruptcy 2 years ago. The loan would stay in my husbands name.
Posted on: 17th Jul, 2009 07:58 pm
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