She can remove him from the title with the help of a quitclaim deed and then refinance the property with a reverse mortgage. If she has a good credit score, I don't think she should face any problem in refinancing.
Thanks.
maxine_steinhaus@yahoo.co Guest
Posted: Fri Feb 27, 2009 10:48 am Post subject: deed
i want off the deed and title of the house my husband are buying...We are divorcing and i am giving the house to him
Posted: Sat Feb 28, 2009 4:39 am Post subject: quit claim to transfer title
Hi maxine,
If you want to give up your interest in the property and hand it over to your husband, you can sign a quit claim deed. Get the deed notarized and recorded to validate it.
Thanks,
Jerry
amyrose Guest
Posted: Sat Jun 13, 2009 11:09 pm Post subject: how to get my name off title and mortgage
Hi! how do I get my name off title and mortgage of my husband and my home?
In order to get your name off the property, you will have to sign a quitclaim deed in your husband's favor. As far as the mortgage is concerned, your husband will have to refinance it in his name.
Thanks. _________________ Good is the Enemy of Great.
Shirley Guest
Posted: Sun Sep 13, 2009 2:29 pm Post subject: Reverse morgage
My husband and I are both on the deed to our home. He wants to get a reverse morgage and I refuse to sign for this. Please tell me if he can do so without my consent
In order to get a reverse mortgage, one has to be of 62 years of age. If your husband is of 62 years of age whereas you are not, then you will have to remove your name from the property deed. If you do not remove your name from the property deed, then your husband won't be able to get a reverse mortgage. _________________ Procrastination is the enemy of your financial sucess
kotik Guest
Posted: Thu Oct 08, 2009 5:44 pm Post subject: matrimonial home division
My ex husband and I own a morgage free house When we needed a morgage we did not qulify so he got his parents ton co-sign. now they want a third of the house. are they intitled just because they co-signed?
I hope the parents have their names on the property deed. In that case, they can always claim their ownership in the property.
Thanks
JustHelpingOut Guest
Posted: Sat Oct 24, 2009 1:34 am Post subject: How do you get on a title?
hey, my friend has been paying for half the mortgage with her bf thru their joint account. her name is on the mortgage but not the title. she just found out he cheated on her and she wants to kick him to the curb, but she's afraid he's gonna keep the house since the title is only his name. is there anything she can do or needs to do to make sure she gets her half?
In order to claim her share of the property, she will have to add her name to the property deed. She can ask her boyfriend to sign a quitclaim deed and add her name to the property deed. Once she does so, she would be considered as one of the owners of the property. _________________ Procrastination is the enemy of your financial sucess
Mary Ann Guest
Posted: Wed Oct 28, 2009 10:01 am Post subject: Quickclaim
Parents own house with married daughter; husband is not on mortgage or title. Daughter wants to quickclaim off house so her soon to be ex will not try to attach onto house. How long in advance does the quickclaim need to be done. Is it leagal?
As the husband's name is not on the property deed, he will not be able to claim the ownership of the property. So, I don't think there's any need to transfer the property to the parents. In case, if it's a community property state, then property purchased before marriage will not be considered as a part of the community property. _________________ Procrastination is the enemy of your financial sucess
mary ann, i think you need to have the counsel of a lawyer. _________________ George M. Akerley
Loan Consultant
860-221-5044
Nikki Guest
Posted: Sat Oct 31, 2009 1:49 pm Post subject: Remove from title
My boyfriend and I bought a house together two years ago right before the housing market fell under. Only my name is on the mortgage but both our names are on the title. He wants to remove his name off the title "incase" a forclosure is inevitable, in which case I will be the who gets hit! If my house forecloses andhe is removed can his credit history show a foreclosure? And how long does it take for him to me removed from the title so I can kick him out!