Home arrow Mortgage Forums arrow Announcements Feedback and Our Pub arrow

How do I get a title for a house that I am building and financing myself?

Author Message
Icon Mini Profile pickinst





Joined: 20 Oct 2009

Posts: 1

1.00 Dollars($)
Post Posted: Tue Oct 20, 2009 9:10 am    Post subject: How do I get a title for a house that I am building and fina
Like 0
Dislike 0

I am building a house in Houston, Texas that we are
building and financing ourselves. How do I obtain a
title for it once it's complete? Do we have to have a
closing, if so, who would we close with?
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12330
Location: bloomfield, ct
50.03 Dollars($)
Post Posted: Tue Oct 20, 2009 10:39 am    Post subject:
Like 0
Dislike 0

possessing a title isn't the key. it's not like a vehicle which comes with a title. you obviously must already be the owner of the land on which you are building this home. that makes you owner of whatever is on said land, as well. you should find that you are listed as owner of record in your local municipality or county, wherever the land records are maintained. go check there and you'll find yourself listed as the owner - that's really all the title you're going to need, in my estimation.

okay...my disclaimer...i am not a lawyer, so if a lawyer says something different, that's going to have to take precedence over what i've opined.

_________________
George M. Akerley
Independent Contractor - Mortgage Consultant
Word of Excellence Editing/Writing/Proofreading
860-221-5044
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 0.048 seconds.