Posted: Fri Jul 03, 2009 10:27 am Post subject: interspousal transfer, If we pay off or refi can we eventual
recnetly married going thru foreclosure myself,now have bad credit. we are tryingto pay off my bills and refi, my husband banks says that I have to sign a interspousal transfer, which I have no problem doing my husband is not sure, cause he wants me to have interest in our home? It is irreversable once it done? His wife died and he told them he got remarried, thats what started it all help.....not sure what to do?
An inter-spousal deed is not irreversible. Your husband can reverse the deed and add your name to the property when he feels like. However, did the lender give you any reason as to why they want you to sign a inter-spousal deed? Though the deed is not irreversible, the lender may have objections when your husband tries to add your name to deed later on. _________________ Procrastination is the enemy of your financial sucess
creampuffrls
