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Not on the mortgage, can I be on the Deed?

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h3651 Joined: 15 Oct 2009 Posts: 3 1.15 Dollars($)	Posted: Thu Oct 15, 2009 8:42 am    Post subject: Not on the mortgage, can I be on the Deed? Like 0 Dislike 0 My husband is co-borrower with my daughter. Now they want me to sign a Quitclaim Deed, what I don't want to do. The down payment is also half mine. We are normally married and file every year our income tax as married coupe. If he dies, then his part of the money is going to our other two daughters? I can get nothing?
eric1 Community Expert Joined: 04 Jan 2009 Posts: 1511 226.89 Dollars($)	Posted: Thu Oct 15, 2009 9:00 am    Post subject: Like 0 Dislike 0 Well, yes you would have no legal claim against that asset unless you put a lien on the property NOW for the amount equal to your down payment. _________________ Eric JFree Rate Quote, Stated Income Loans FHA RATE QUOTE Mortgage Rate Quote
h3651 Joined: 15 Oct 2009 Posts: 3 1.15 Dollars($)	Posted: Thu Oct 15, 2009 9:07 am    Post subject: Like 0 Dislike 0 Thank you for your quick response.

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