0
Can one spouse bump the other off title to real estate in California by a refinance loan in their name only?
TalkingTina
No, of course not. They can only mortgage their own interest in the property and any legitimate, professional lender will require that both owners sign the mortgage so that in the case of a default it can take possession of the property by foreclosure. If only one owner executed a mortgage the lender could not take possession of the property if that borrower defaulted.
Your title to the real estate can only be transferred by your signing a deed transferring your interest or by signing a note and mortgage transferring your interest to a bank.
No, of course not. They can only mortgage their own interest in the property and any legitimate, professional lender will require that both owners sign the mortgage so that in the case of a default it can take possession of the property by foreclosure. If only one owner executed a mortgage the lender could not take possession of the property if that borrower defaulted.
Your title to the real estate can only be transferred by your signing a deed transferring your interest or by signing a note and mortgage transferring your interest to a bank.
No, of course not. They can only mortgage their own interest in the property and any legitimate, professional lender will require that both owners sign the mortgage so that in the case of a default it can take possession of the property by foreclosure. If only one owner executed a mortgage the lender could not take possession of the property if that borrower defaulted.
Your title to the real estate can only be transferred by your signing a deed transferring your interest or by signing a note and mortgage transferring your interest to a bank.
No, of course not. They can only mortgage their own interest in the property and any legitimate, professional lender will require that both owners sign the mortgage so that in the case of a default it can take possession of the property by foreclosure. If only one owner executed a mortgage the lender could not take possession of the property if that borrower defaulted.
Your title to the real estate can only be transferred by your signing a deed transferring your interest or by signing a note and mortgage transferring your interest to a bank.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNo, of course not. They can only mortgage their own interest in the property and any legitimate, professional lender will require that both owners sign the mortgage so that in the case of a default it can take possession of the property by foreclosure. If only one owner executed a mortgage the lender could not take possession of the property if that borrower defaulted.
Your title to the real estate can only be transferred by your signing a deed transferring your interest or by signing a note and mortgage transferring your interest to a bank.
Add your answer:
Earn +20 pts
Does California Refinance have competitive rates?
California Refinance does have competitive rates. This company offers interest rates that are similar to other companies that also offer refinance options.
What happens in Ohio when the spouse's parents pass leave half interest to the spouse and then the spouse dies and other relatives are after the spouse's interest in the parent's estate?
You, and his descendants, should inherit his estate. His estate includes the inheritance from his parents. There should be no argument about it. Contact a knowledgable probate attorney for assistance.
What do you do if spouse died and still owes loan on a car?
It depends on your state law. In community property states, if the car was community property, the surviving spouse becomes the owner. In most other states, the surviving spouse and/or any children become the owners as heirs at law. The problem is that you may have to apply to refinance the car loan, which does not pass by intestacy rules. That may require you to file an estate action to become the formal owner of the car, but it may be that the estate is bankrupt under state law. Consult an experienced estate lawyer in your area.
If you paid the equity to your spouse from your divorce and obtain a quick claim deed can his name be dropped from the deed without refinancing?
It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.
How is the estate divided once the spouse of the decease dies?
In whatever way it was provided for. I am assuming that the deceased left everything to his or her spouse and now the spouse has died. If he or she had a will, trust, or other way to distribute the estate then it would be distributed according to his or her wishes. If not, then the estate would go through intestacy
Is a spouse responsible for medical bills of the other spouse?
The spouse will indirectly be responsible. The estate must resolve all debts. Until that is done, the spouse cannot inherit anything.
Where can I learn about refinance mortgage?
If you want any information about refinance mortgage try going to mortgageloans.com. If you need any other type of information call your local real estate firm.
Are relatives liable for nursing home bills?
Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.
Who inherits in an intestate estate in South Africa?
It depends. If the deceased had a spouse (or if he was in a polygamous marriage) but if he had no descendants, the spouse (or spouses) will inherit the estate. If there are only descendants but no spouses, then it will be they who inherit the estate. In case there are both spouse(s) and descendants, the spouse will receive R125 000 and the balance will go to the children. Also, if there are neither descendants nor spouses, the parents (or one parent and the other descendants of that parent) will split the estate equally.
If a mobile home in the name of only one spouse and they die is the other spouse resposible for the the debit?
The estate of the deceased is responsible for the debts. The spouse is going to have to pay the debt as a beneficiary of the home purchased by the spouse.
Can an executor be listed as a beneficiary?
Yes, and they frequently are as in the case of the standard husband and wife will, where each spouse leaves the entire estate to the other spouse and names that spouse the executor.
Can a child who is not executor of estate be allowed to help the other two children who were named executor of estate in the cleanup of deaceased parents household with no spouse?
Certainly.
