Posted on: 06th Apr, 2009 01:37 pm
the refinance bank [wells fargo] says that because we [and home] are in maryland, spouse still has rights and must sign. true?
fyi -- when i refinanced in 2003 [with quit claim deed in place] spouse did not have to sign; nor did spouse have to sign when i opened a helic in 2006.
fyi -- when i refinanced in 2003 [with quit claim deed in place] spouse did not have to sign; nor did spouse have to sign when i opened a helic in 2006.
Have your finances changed? The mortgage business is a little different today, than in 2003 or 2006. You can try a different bank
Hi robertarobey,
If your spouse had signed a quitclaim deed to release his/her interest in the property, it is not required for him/her to sign on the deed once again. Quitclaiming once would be enough to release all his/her rights to the property. This is precisely why your spouse did not have to sign when you refinanced in 2003. I don't understand why the lender told you your spouse still has rights to the property.
If your spouse had signed a quitclaim deed to release his/her interest in the property, it is not required for him/her to sign on the deed once again. Quitclaiming once would be enough to release all his/her rights to the property. This is precisely why your spouse did not have to sign when you refinanced in 2003. I don't understand why the lender told you your spouse still has rights to the property.