Home arrow Mortgage Forums arrow Forums: Learn from other's experiences arrow

change the house to my name

Author Message
Rosy

Guest







Post Posted: Tue Sep 29, 2009 9:42 am    Post subject: change the house to my name
Like 0
Dislike 0

Hi,

I live in California did you know what I need to change a property to my name my brother boughted for me?
Thank You

_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile JKennedySLG
JKennedySLG
Community Expert
Community Expert

best lender badge

Joined: 01 Apr 2009

Posts: 408
Location: New Jersey/New York
20.05 Dollars($)
Post Posted: Tue Sep 29, 2009 10:54 am    Post subject:
Like 0
Dislike 0

In order to give you an informative answer, we would need more details. From the surface it would seem like you may need to refinance this property into your name. This would obviously be pending the bank approval. I hope this helps...
_________________
James Kennedy
New York/New Jersey
(732)979-7409

Hard Money & Stated Income Loans
First Time Home Buyers (540+ Credit)
Icon Mini Profile jenkin7
jenkin7




Joined: 04 Jun 2007

Posts: 4537
Location: Hawaii
728.43 Dollars($)
Post Posted: Tue Sep 29, 2009 10:39 pm    Post subject:
Like 0
Dislike 0

Hi Rosy,

Quote:
....I need to change a property to my name my brother boughted for me


Is the property currently in your brother's name? If it is, then you will have to get a quit claim deed signed by your brother, whereby he would transfer the property to you. If there is an existing mortgage on the property in your brother's name, you will have to do a refinance to change the name on the loan.
Quick Reply
Your Name
Subject
Image Verification


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

All times are GMT - 7 Hours
Page 1 of 1

 
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 21.077 seconds.