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Can I sell the home with my husband's name on the title but not on the mortgage?
Wiki User
∙ 10y ago
What that means is you both own the house, but only you are responsible for repaying the debt.
All the owners of real estate must sign the deed in order to transfer ownership. You cannot transfer your husband's interest. He must sign the deed and he will receive half of the net proceeds unless you make a different agreement in writing.
Wiki User
∙ 10y ago
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How do you get your name on husbands mortgage?
You have to apply for a mortgage jointly for both people to be listed on a mortgage. You can however have your name added to a title of a house with simple paperwork.
How do you get your name off your ex husbands mortgage in new york state?
how do i get my name off my ex husbands mortgage in new york state if he cannot requalify with the bank
If your name is not on the promissory note or equity line for a home your husband owns are you responsible for them if your name is on the mortgage?
I am a mortgage broker and the answer to this question lies in the section of the mortgage document entitled: Joint and Several Liability. No you are not responsible for the note. The promissary note is the promise to pay. The mortgage clause will say that any Any borrower who co-signs the mortgage (security instrument) but does not execute the Note is co-signing only to mortgage, grant adn convey his/her interest in the property and is not personally obligated to pay the sums secured by the mortgage... this goes for the signer of the note extending or modifying the mortgage by perhaps getting a home equity line. You are not obligated financially. Are you on the title? That is the question. If you are on the title you own the home without any financial responsibility for the home and both of you on the Title must agree to sell the home, and one without the other cannot convey their interest in the property.
Are you obligated for the mortgage if your name is on the title?
You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.
Can your wife add you to the title of her house if you currently pay the mortgage and have the mortgage in your name but you are not on the title?
Yes! All you have to do is go to the registry of deeds (or your area's equivalent) or a title company with your wife, and do what's called a "quit-claim deed" to get yourself added to the title. It usually costs between $100-150. Your wife can add whoever she wants regardless of whether or not they have any involvement in the home or the mortgage.
How do you get your name on husbands mortgage?
You have to apply for a mortgage jointly for both people to be listed on a mortgage. You can however have your name added to a title of a house with simple paperwork.
How do you get your name off your ex husbands mortgage in new york state?
how do i get my name off my ex husbands mortgage in new york state if he cannot requalify with the bank
In the state of Florida your name is on the deed but not the mortgage of your deceased husbands condo left to you in his will can the mortgage Co foreclose?
In any state, the title to the unit (deed) is held as collateral for repayment of the mortgage. This means that the mortgage company can sell the property in order to recover the amount of the loan (foreclosure). Because your name is on the title, it's possible that you can negotiate a repayment plan that is acceptable to the mortgage company, in order to retain your name on the title. Once the lender is paid, then you can sell the property and enjoy the benefits of the proceeds.
Is it proper to include an ex-husbands name in the title name of an obituary?
No, it is not appropriate to include your ex husbands name in the title name of an obituary because you are no longer married.
If the deed of the house is in your husbands and your name and you are paying the original owners mortgage what are your legal rights to the home?
You and your husband are the legal owners of the property but it is subject to the mortgage. If you default on the mortgage payments the bank can take possession of the property by foreclosure.
If mortgage note is in the name of a deceased spouse but your name is on the deed will your credit be affected if you chose to walk away from the home?
If you are only on the title, then your credit will not be affected.
Can a wife refinance a house in Illinois on her own and keep the husbands name on the title?
No. The lender will require that all owners sign the mortgage. If there is a default it will want the authority to take possession of the property. It cannot take full possession if one owner didn't sign the mortgage.
If your name is not on the promissory note or equity line for a home your husband owns are you responsible for them if your name is on the mortgage?
I am a mortgage broker and the answer to this question lies in the section of the mortgage document entitled: Joint and Several Liability. No you are not responsible for the note. The promissary note is the promise to pay. The mortgage clause will say that any Any borrower who co-signs the mortgage (security instrument) but does not execute the Note is co-signing only to mortgage, grant adn convey his/her interest in the property and is not personally obligated to pay the sums secured by the mortgage... this goes for the signer of the note extending or modifying the mortgage by perhaps getting a home equity line. You are not obligated financially. Are you on the title? That is the question. If you are on the title you own the home without any financial responsibility for the home and both of you on the Title must agree to sell the home, and one without the other cannot convey their interest in the property.
Are you obligated for the mortgage if your name is on the title?
You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it isn't paid the lender will take possession of the property by foreclosure. If your name was on the title prior to the mortgage and the lender didn't have you consent to the mortgage then the lender made a big mistake and can only take possession of the interest of the person who did sign the mortgage.
Can your wife add you to the title of her house if you currently pay the mortgage and have the mortgage in your name but you are not on the title?
Yes! All you have to do is go to the registry of deeds (or your area's equivalent) or a title company with your wife, and do what's called a "quit-claim deed" to get yourself added to the title. It usually costs between $100-150. Your wife can add whoever she wants regardless of whether or not they have any involvement in the home or the mortgage.
If you are moving into your partner's house how do you put your name on the mortgage?
Unless your partner adds your name to the title and then refinances, there is no way for you to get on the mortgage.
How do you get a mobile home mortgage out of your name with an ex-spouse?
Take a copy of your title to the relevant Provincial or State authority and fill in the required forms with them.
