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Remove name from deed

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Linda J2012

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Post Posted: Fri Jan 20, 2012 8:41 am    Post subject: Remove name from deed
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A home was deeded in husband and wife name. The wife had the house refinanced in her name only and later passed away. The husband has been unable to purchase another home because an Affidavit of Heirship was sent to the Registrar's office adding his name to the deed. How can the husband have his name removed from the deed as the mortage lienholder would not discuss the loan or allow him to stay in the home since he was not on the loan?
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Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Post Posted: Sun Jan 22, 2012 10:10 pm    Post subject:
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Welcome Linda,

The husband can transfer the property to someone else who can refinance the loan in his/her name. This will help the husband remove his name from the property deed.

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Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Post Posted: Mon Jan 23, 2012 9:32 pm    Post subject:
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Hi Linda!

Welcome to forums!

The husband can negotiate with the lender so that he can assume the loan. If the lender agrees to it, then he will be able to retain the property and get the mortgage transferred in his name.

Feel free to ask if you've further queries.

Sussane
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