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Removing Spouse from deed

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jotran114 Joined: 17 Mar 2011 Posts: 1 1.26 Dollars($)	Posted: Thu Mar 17, 2011 2:41 pm    Post subject: Removing Spouse from deed Like 0 Dislike 0 I am 62 and my wife is 55. We are interested in getting a reverse mortgage, however bot parties have to be 62 or older. Wy wife suggested removing her name from the deed to do this. Can we use a deed of trust?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Thu Mar 17, 2011 9:14 pm    Post subject: Like 0 Dislike 0 Hi jotran! Welcome to forums! Your wife can sign a quitclaim deed in your name and transfer her share of the property to you. This will make you the sole owner of the property and you can apply for a reverse mortgage. Feel free to ask if you've further queries. Sussane

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