Compare Mortgage Quotes

chevybabygirl · Joined: 12 Jan 2010 Posts: 1 1.35 Dollars($)

My fiance and I just bought a house but only HIS name is on the deed. We would like to add my name but have no idea how. How do I get my name put on this deed along with his... We bought a forclosed house 1/04/10 and only my fiance's name is on the deed. We both would like to have BOTH our name on the deed in case some thing was to happen. Any information would help, seems like everyone I talked tells us to go back to tittle company we went throught in the first place but when we talked to them they said they couldn't do it because they were the ones that originally did it in the first place. ANY help? Sad

gmakerley · Posted: Tue Jan 12, 2010 12:20 pm Post subject:

chevy i don't know why the title company is denying you this service, honestly. nevertheless, the way in which to change ownership from your fiance only to both you and him is by way of a quit claim deed. in this case, the grantor (him) would be granting to the grantees (you and him together) full ownership.

you could have a lawyer do this for you, a different title company, and you could actually do it yourself if you felt comfortable with it. a legal forms printer would have the forms you wish to obtain, and you can also find them online.

here's one caveat...the mortgage lender isn't going to be too pleased to know that he's changed ownership on the property. in fact, since the mortgage you both signed has a due on sale clause, they may invoke that in an effort to get you to refinance the existing loan with them. the due on sale clause covers any transfer of ownership in the property, so simply adding you constitutes a transfer.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1