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Title ownership

Posted on: 16th Nov, 2011 05:51 pm
Can I borrow $5,000.00 from my title home loan and that is my ownership name it? I need payoff my title loan for car. Plus to fix no heat my house in AZ. Can u help me? I need a borrow asap. Any question?
Thank u
Hello lucky07,

Conveyance of the document may be required in order to transfer ownership in the property to another person. Title is distinct from possession, a right that often accompanies ownership but is not necessarily sufficient to prove it. In many cases, both possession and title may be transferred independently of each other.

Posted on: 16th Nov, 2011 06:59 pm
Hi Lucky,

If you have equity in your property, then you can cash in that equity and use it to pay off your car loan or your other debts.

Posted on: 16th Nov, 2011 09:05 pm
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