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My husband purchased a home then added my name to the deed. Now we are in the process of foreclosing. What happens to my undivided half interest?
If your husband mortgaged his property prior to adding your name to the deed then you acquired your interest subject to the mortgage and the bank can take possession of the property by foreclosure. Your "interest" was encumbered by the mortgage. If you want to keep it then you must pay the mortgage.If your husband mortgaged his property prior to adding your name to the deed then you acquired your interest subject tothe mortgage and the bank can take possession of the property by foreclosure. Your "interest" was encumbered by the mortgage. If you want to keep it then you must pay the mortgage.If your husband mortgaged his property prior to adding your name to the deed then you acquired your interest subject tothe mortgage and the bank can take possession of the property by foreclosure. Your "interest" was encumbered by the mortgage. If you want to keep it then you must pay the mortgage.If your husband mortgaged his property prior to adding your name to the deed then you acquired your interest subject tothe mortgage and the bank can take possession of the property by foreclosure. Your "interest" was encumbered by the mortgage. If you want to keep it then you must pay the mortgage.
Communitive property of addition?
The commutative property is a mathematical property in which the order of the equation can be changed and still get the same answer. Addition is commutative because it doesn't matter what order the numbers you are adding are put in, they still add up to the same result.
Can a creditor place a lien on a house where mother just added son to the deed although he never contributed to any payments?
Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.
Type of interest is calculated by adding the interest earned to the principle?
Compound interest
Can the constitution can be changed by adding an amendment?
Yes, the U.S. Constitution can be changed by adding an amendment and it has happened 27 times.
Does sinking fund makes money grow by adding interest to previous interest earned?
A sinking fund makes money grow over time by adding interest to previous interest earned. ... The rate of return matters when it comes to compound interest.
Does present values have value adding up property?
Net present value method has value adding-up property
Which type of interest is calculated by adding the interest earnd to the principal?
compound
This type of interest is calculated by adding the interest earned to the principal.?
compound
How have people changed the land of ancient rome?
they changed it by adding farmland
Does adding someone to Quit Claim Deed mean that the original owner is permanently forfeiting total ownership of the property?
A quit claim deed gives whoever is on it the same rights to the property as the original holder had. If you create a quit claim deed for property you hold title to and put your own name on it along with someone else, you are essentially splitting the property in half.
Which type of interest is calculated by adding the interest earned to the principal?
compound... yes it is compound interest.
