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want to get trailor in our name

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Icon Mini Profile dobb7810





Joined: 14 Mar 2010

Posts: 14
Location: mortgage community
4.04 Dollars($)
Post Posted: Tue Mar 16, 2010 8:55 am    Post subject: want to get trailor in our name
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we have paid on a16x80 trailor since 2002. thanks to my husbands father. now we would like it financed in our name. 12.5 percent is alot of money to pay. Any suggestions. Oh we are also having to adopt our 3 year old grandson.
trailor needs new carpet. and door knob. It is tied down,underpinned. Has central heat and air. And a huge
masterbed and bath for our three year old boss. 2 smaller one for when we have to have time out. 12x12 sun deck, and a ramp to ride on. please need serious finacial help.
will not have to be moved.
mary
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10574
Location: ALASKA
1090.82 Dollars($)
Post Posted: Tue Mar 16, 2010 10:12 pm    Post subject:
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Hi dobb,

If the property is not in your name, then you will have to first transfer it in your name. You can ask your husband's father to sign a quit claim deed and transfer the property to you. Once the property is transferred in your name, then you will have to refinance the loan. Depending upon the equity that you have in your property, you'll be able to get a refinance.

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