Home arrow Mortgage Forums arrow Announcements Feedback and Our Pub arrow

how would interspousal transfer deed done with no equity

Author Message
Icon Mini Profile kimberlyjob





Joined: 13 Dec 2008

Posts: 1

1.00 Dollars($)
Post Posted: Sat Dec 13, 2008 12:00 am    Post subject: how would interspousal transfer deed done with no equity
Like 0
Dislike 0

Me and exhusband on House
My attorney asked judge for me/kids to stay. Exhusband to sign over home cuz no equity.
But ex wants off credit report. My credit 685 my ex 900. He will not refi for me
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 4770
Location: New Jersey
499.28 Dollars($)
Post Posted: Sat Dec 13, 2008 2:11 am    Post subject:
Like 0
Dislike 0

Hi kimberlyjob

Your ex-husband can use a quitclaim deed or a inter spousal deed in order to transfer the property in your name. Once the property is transferred in your name, then you can refinance and transfer the mortgage in your name. But as you have mentioned that the property has no equity, I think, it might be very difficult for you to get a refinance.

Thanks.

_________________
Good is the Enemy of Great.
083535@sbcglobal.net

Guest







Post Posted: Wed Apr 07, 2010 8:57 pm    Post subject: Who pay
Like 0
Dislike 0

I was awarded the house in our divorce and have requested my ex to file deed of transfer. Who pays for the Interspousal Grant Deed?
Thanking you in advance
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10242
Location: ALASKA
1042.50 Dollars($)
Post Posted: Wed Apr 07, 2010 10:14 pm    Post subject:
Like 0
Dislike 0

Hi Guest,

Both of you can negotiate amongst yourselves and pay for the inter-spousal grant deed.

_________________
Procrastination is the enemy of your financial success
paul pull

Guest







Post Posted: Mon Apr 19, 2010 4:25 pm    Post subject: quitclaim deed
Like 0
Dislike 0

Do I have to include my exwife's name on the grantor portion of the form when I am quit claiming it to her?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10020
Location: Alaska
917.78 Dollars($)
Post Posted: Mon Apr 19, 2010 10:22 pm    Post subject:
Like 0
Dislike 0

Hi paul!

Welcome to forums!

If you are quit claiming the property to your ex-wife, then your name will be mentioned as the grantor of the property whereas her name will be mentioned as the grantee.

Feel free to ask if you've further queries.

Sussane
wc

Guest







Post Posted: Mon May 24, 2010 11:52 am    Post subject: Interspousal/Quit calim
Like 0
Dislike 0

Must transfer property to former wife and she transfer timeshare to me. Properties are in different states.
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10020
Location: Alaska
917.78 Dollars($)
Post Posted: Mon May 24, 2010 10:02 pm    Post subject:
Like 0
Dislike 0

Hi wc!

Welcome to forums!

You can sign a quit claim deed and transfer the property to your wife. The quit claim deed will be of the state where the property is located. You will have to record the deed at the county recorder's office where the property is located. The same process will follow in case of your wife.

Feel free to ask if you've further queries.

Sussane
Daniel Ryan

Guest







Post Posted: Wed Nov 03, 2010 2:59 am    Post subject: Wife transfer deee to me
Like 0
Dislike 0

Transfer deed with no equity
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10242
Location: ALASKA
1042.50 Dollars($)
Post Posted: Wed Nov 03, 2010 9:30 pm    Post subject:
Like 0
Dislike 0

Hi Daniel,

Your wife can sign a quitclaim deed and transfer the property to you. She can get the deed drafted from an attorney.

_________________
Procrastination is the enemy of your financial success
Wanda

Guest







Post Posted: Sun Jan 02, 2011 12:59 am    Post subject: Inter-spousal Transfer DEED
Like 0
Dislike 0

My ex and I are in the process of amicable divorce. However, i am keeping the house and he is paying of the home equity line of credit. I originally bought house before we were married. We refinanced and he is number one on that loan his credit score was better than mine. Anyway, I am in the home and that is our plan. Does the inter--spousal transfer deed release him from financial responsibility if I can't get the home refinanced?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10242
Location: ALASKA
1042.50 Dollars($)
Post Posted: Sun Jan 02, 2011 8:44 pm    Post subject:
Like 0
Dislike 0

Welcome Wanda,

An inter-spousal deed will release your spouse from the ownership of the property. It will not release him from the liability of paying off the mortgage unless you refinance it.

_________________
Procrastination is the enemy of your financial success
Cally

Guest







Post Posted: Thu Jan 06, 2011 12:43 pm    Post subject: which is better
Like 0
Dislike 0

Divorce just had final judgement- in California
which is better to do a quitclaim deed or interspousal transfer grant deed?
how does te preliminasry change of ownership report requested by the recorders office affect the change
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10242
Location: ALASKA
1042.50 Dollars($)
Post Posted: Thu Jan 06, 2011 10:26 pm    Post subject:
Like 0
Dislike 0

Welcome Cally,

As far as I know, an inter-spousal transfer deed will be a better option in this regard.

_________________
Procrastination is the enemy of your financial success
Preston L

Guest







Post Posted: Sun Jan 09, 2011 11:34 am    Post subject: transfer of family home
Like 0
Dislike 0

wife and I are in the process of divorce. very ugly, temp. court order let her stay in the family home and possess family vehicle and was obligated for their financial responsibilities. Wife is out to ruin me financially, She has already let the family vehicle go into repo.status and wife and parents plotted this so they could buy back at auction which they did. I suspect she is trying to do the same with the family home. We are upside down on the home. I want to give her everything, the home, furnishings, etc. so my children do not suffer changes more than they have to. what would be more better, inter-spousal transfer= she and her parents can refinance. quit claim to her or just do a short sale. I do not want to be on the deed.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
1, 2  Next  
Page 1 of 2

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.468 seconds.