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Deeds don't have co-signers; loans have co-signers. Loan responsibility and property ownership rights are separate. If you are listed as a part-owner of a property it CAN NOT be sold without your signature on the transfer documents. If you are a co-signer on a mortgage loan but are not listed on the deed, you have no property rights unless you have rights under community property laws.
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If your name is on the deed as a co-signer but not on the loan do you have the rights to any equity when the property is sold?
The DEED is signed by the person SELLING the house and transfers the property to the new owner(s). If your name is on the deed as one of the owners, then yes, you have a right to some of the equity. But since you said CO-SIGNER instead of CO-OWNER, I think you signed the MORTGAGE, which is one of the loan documents. "What if your name is on the DEED as 1/3 co-owner, you have never paid a penny towards the property, the property is sold, do you have rights to any of the equity?" If your name is on the deed then you are entitled to your portion of the proceeds from any sale. In fact the property cannot be sold in its entirety without your signature. The other shares can be sold and then a partion can be forced if you are a minority owner. If you are just a cosigner on the mortgage you have no rights to the equity in the property. However you need to be sure that your obligation is fully released if the property is sold. lwpat http://www.speedingticketcentral.com
Do you have ownership rights to the house if you are listed on the deed but not on the mortgage?
Yes, but if your name was added to a deed after the owner granted the mortgage your interest is subject to the mortgage. If the mortgage isn't paid the lender will take possession by foreclosure and your interest will be wiped out.If the mortgage is paid and the house is sold you will receive half of the proceeds at the time of sale.
If your name is on the deed but not the mortgage who is responsible for the mortgage when the house is sold?
The mortgage will be paid off from the proceeds of the sale. The buyer's attorney will make certain the mortgage is paid off before the buyer takes title.
You and your boyfriend are buying a house and he wants only his name on the loan and deed. You're both to pay the mortgage. When you sell the property how will you get half of the equity?
The ONLY reason a person would request that you not be on the deed and mortgage would be to INSURE that you would have no legal right to the property. If he expects you to help pay the mortgage you would be paying for property you do not own. You and your boyfriend are not buying a house. Your boyfriend is buying a house and he wants you to help him pay for it. You would be entitled to nothing when the property is sold.
Can you get a loan for a house without a cosigner?
Plenty of homes are sold to individuals without a cosigner. Usually there are only 2 reasons a bank will ask for a co signer. One being, if their prospective client does not have sufficiant funds available to make the estimated mortgage payments and other monthly debt payments and stay under 50% debt to income ratio, two being credit issues.
If your name is the only name on a deed to your house will you get to keep your house in the divorce?
Not if the division of property requires it to be sold and split.
If your name is on the deed as a co-signer but not on the loan do you have the rights to any equity when the property is sold?
The DEED is signed by the person SELLING the house and transfers the property to the new owner(s). If your name is on the deed as one of the owners, then yes, you have a right to some of the equity. But since you said CO-SIGNER instead of CO-OWNER, I think you signed the MORTGAGE, which is one of the loan documents. "What if your name is on the DEED as 1/3 co-owner, you have never paid a penny towards the property, the property is sold, do you have rights to any of the equity?" If your name is on the deed then you are entitled to your portion of the proceeds from any sale. In fact the property cannot be sold in its entirety without your signature. The other shares can be sold and then a partion can be forced if you are a minority owner. If you are just a cosigner on the mortgage you have no rights to the equity in the property. However you need to be sure that your obligation is fully released if the property is sold. lwpat http://www.speedingticketcentral.com
Do you have to provide an extract and a deed when a home is sold that is in your name?
yes you do
Your name is on the loan but not on the house deed what happens when you get divorced?
You still owe your part of the loan. Are you sure you are not listed on the deed? Check that out. You could possibly get part of the equity in the house if it is sold that could pay off your part of the loan. Go get a good lawyer. I had a bad one and didn't get the equity I deserved.
Can you sell your husbands house while hes in prison for life if you were already married when you bought the home and just put it in only his name?
No. If the property is in his name then he is the owner and the property can be sold only if he signs the deed.
What happens to your fathers house if he put my name on it with him. He died in 2 years. The will says his assets be divided between his 5 daughters. Can they force me to sale it.?
It will depend on the type of deed. If there are no survivor ship clauses, the house may have to be sold.
Do you have ownership rights to the house if you are listed on the deed but not on the mortgage?
Yes, but if your name was added to a deed after the owner granted the mortgage your interest is subject to the mortgage. If the mortgage isn't paid the lender will take possession by foreclosure and your interest will be wiped out.If the mortgage is paid and the house is sold you will receive half of the proceeds at the time of sale.
Can a property be sold with out a deed?
No. A deed is the instrument by which real property is transferred.
If your name is on the deed but not the mortgage who is responsible for the mortgage when the house is sold?
The mortgage will be paid off from the proceeds of the sale. The buyer's attorney will make certain the mortgage is paid off before the buyer takes title.
If a spouse did not contribute to the upkeep or purchase of the property are they entitled to half of the property?
No, the house is in the name of the one spouse. Which is why you MUST make sure you put both names on a deed.
If you are on the deed how much are you entitled to if the house is sold in New York State?
Depends on how the deed is written. In general it would be a proportionate share to the number of persons on the deed. If there are two names, you would be entitled to half of the proceeds after all liens and mortgages are cleared.
Can land in Missouri be sold with a Collector's Deed only?
Yes, land in Missouri can only be sold with a collector's deed. Once you have the collector's deed, you then need to file for the Certificate of Purchase.
