Posted on: 29th Dec, 2006 10:16 am
My husband has a mortage on our house in his name only. He is ill and I may need to get my name on the mortage. How do I do this. We really do not have a lot of money for lawyers, the last one charged 1200.00 for a POA. Please help.
Hi Doris,
You can add your daughter's name to the title using a quit claim deed. However, since the deed is still in your deceased husband's name, you first need to change it in your name. Are you listed on the title along with your husband? Has he left any will for the property?
Thanks,
Jerry
You can add your daughter's name to the title using a quit claim deed. However, since the deed is still in your deceased husband's name, you first need to change it in your name. Are you listed on the title along with your husband? Has he left any will for the property?
Thanks,
Jerry
what to process add a name in property like son
Hi
The process to add your son to the title is simple. You need to sign a quit claim deed as a grantor, where you'll be transferring the ownership to either both you and your son or to your son alone. Then, you need to get the deed notarized and recorded with the county recorder's office.
The process to add your son to the title is simple. You need to sign a quit claim deed as a grantor, where you'll be transferring the ownership to either both you and your son or to your son alone. Then, you need to get the deed notarized and recorded with the county recorder's office.
my name is on the deeds to the house but not on the mortgae, if our relationship ends do i have any rights to the house
you are an owner, jennie. therefore, you have all rights of an owner - being on the mortgage or not has no bearing on your rights.
If your spouse's name as well as on deed, you will be treated as coowner
If you are living in community state , you will be treated as coowner
otherwise, you are 100% owner of property
If you are living in community state , you will be treated as coowner
otherwise, you are 100% owner of property
my partner is purchasing a house, condo or co-op...my credit is bad so we will use her credit...will we be able to add my name on the deed for my protection without them having to check my credit...
hi,
your name can be added to the property deed, even though you are not on the mortgage. it's not necessary for you to be on the mortgage in order to co-own a property. you can purchase the property along with your partner and have your name on the title, while the mortgage remains in her name. when your credit improves, you can refinance the mortgage in your name.
your name can be added to the property deed, even though you are not on the mortgage. it's not necessary for you to be on the mortgage in order to co-own a property. you can purchase the property along with your partner and have your name on the title, while the mortgage remains in her name. when your credit improves, you can refinance the mortgage in your name.
thank you for your quick response......will the mortgage or loan company (bank) have to check my credit for review first.. or can it be done without...(is MY credit check necessary to be added on the deed or title)....can they deny my partners request for me to be added on.....without being on the mortgage...
my boyfriend and I live together and he pays half the taxes on a home I own,how can he become eligible to claim this as an exemption on his taxes?
Hi shiela,
If you want to be added only to the property deed, the mortgage company will not check your credit. But in case you want to be added to the mortgage deed, you will have to meet the credit requirement as set by the lender. It is up to the mortgage company if they would allow you to be added to the property title. Your parents need to talk with the lender regarding this.
Hi eastport,
As far as I know, one has to have an ownership interest in the property in order to claim the property taxes. Since you are the only one on the title to the property, your boyfriend does not have an interest in the home. Thus, he cannot claim the property taxes.
If you want to be added only to the property deed, the mortgage company will not check your credit. But in case you want to be added to the mortgage deed, you will have to meet the credit requirement as set by the lender. It is up to the mortgage company if they would allow you to be added to the property title. Your parents need to talk with the lender regarding this.
Hi eastport,
As far as I know, one has to have an ownership interest in the property in order to claim the property taxes. Since you are the only one on the title to the property, your boyfriend does not have an interest in the home. Thus, he cannot claim the property taxes.
my questions is it possible for my( mother in law ) to have a property in her name and suppose?_ in my name also on a house title? and is it possible to have a loan be made only in my name? for the same property?
and will this affect my credit score if we needed to refinance other mortgage? thank you
and will this affect my credit score if we needed to refinance other mortgage? thank you
Hi zanny,
Do you mean you want to have the title in both you and your mother-in-law names, but want to have the loan solely in your name? If this is what you mean then Id say it is quite possible. Both of you can be on the title as co-owners. If you qualify for the loan on your own, you can alone be on the mortgage. You do not need your mother-in-law to co-sign on the loan to help you qualify for the mortgage.
In such a situation, your credit will be affected if you default on the loan. However, your mother-in-ls credit scores will not be impacted by the default as she will not listed on the mortgage note. Im not sure what you mean by “to refinance other mortga But in any case, a refinance does not affect anyons credit adversely.
Thanks,
Jerry
Do you mean you want to have the title in both you and your mother-in-law names, but want to have the loan solely in your name? If this is what you mean then Id say it is quite possible. Both of you can be on the title as co-owners. If you qualify for the loan on your own, you can alone be on the mortgage. You do not need your mother-in-law to co-sign on the loan to help you qualify for the mortgage.
In such a situation, your credit will be affected if you default on the loan. However, your mother-in-ls credit scores will not be impacted by the default as she will not listed on the mortgage note. Im not sure what you mean by “to refinance other mortga But in any case, a refinance does not affect anyons credit adversely.
Thanks,
Jerry
I wonder how much it will cost me to add a name on a OK house -- Thanks
Hi rgmort,
You do not have to incur too much of expenses to add a name to the property deed. You can add a name to the deed through a quit claim deed. You can do it even without the help of an attorney. However, a consultation with an attorney is always advisable. When the deed has been signed, you need to notarize it and record it with the county recorder's office at a nominal recording fee.
You do not have to incur too much of expenses to add a name to the property deed. You can add a name to the deed through a quit claim deed. You can do it even without the help of an attorney. However, a consultation with an attorney is always advisable. When the deed has been signed, you need to notarize it and record it with the county recorder's office at a nominal recording fee.