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Can the person who holds the mortgage but not the deed sell a house?
Wiki User
∙ 12y ago
Yes, but only if you have defaulted on the mortgage. When you granted the mortgage you gave the lender an interest in the property that it could foreclose if you do not keep up payments on the mortgage. The lender can sell the property to recover the debt.
If your name went on a deed after the mortgage was granted, and the mortgage was granted by the owner of the property at the time of the mortgage, the bank has a superior claim and can take the property if the mortgage isn't paid.
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoNo. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.
No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.
No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.
No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.
Wiki User
∙ 11y agoYou cannot sell property if it's not in your name. That means you don't own it. You can only sell what you own. If the owner is deceased their estate must be probated.
You cannot sell property if it's not in your name. That means you don't own it. You can only sell what you own. If the owner is deceased their estate must be probated.
You cannot sell property if it's not in your name. That means you don't own it. You can only sell what you own. If the owner is deceased their estate must be probated.
You cannot sell property if it's not in your name. That means you don't own it. You can only sell what you own. If the owner is deceased their estate must be probated.
Wiki User
∙ 14y agoYour interest in the property cannot be sold without your consent and signature. If your ex-spouse sells the property he/she can only sell a half-interest.
Wiki User
∙ 12y agoNo. The wife must sign the deed.
No. The wife must sign the deed.
No. The wife must sign the deed.
No. The wife must sign the deed.
Wiki User
∙ 12y agoNo. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.
Wiki User
∙ 11y agoYou cannot sell property if it's not in your name. That means you don't own it. You can only sell what you own. If the owner is deceased their estate must be probated.
Wiki User
∙ 12y agoNo. The wife must sign the deed.
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Who holds the deed the seller holding mortgage or buyer?
the seller holding mortgage
Can the mortgage company take your house without the deed?
By definition a mortgage is secured on the deeds of the house. They will have the deed (or officially have their name legally registered for the property) if they have given you a mortgage.
What is a mortgage loan?
house documents are mortgage and title deed at register office
Can the husband rent the house if he has the mortgage in just his name if they both share the deed of trust?
Yes, the husband can rent the house if he has the Mortgage in his name but the Deed of Trust is shared.
Can your mom buy a house for you if you filed bankruptcy?
Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.
You want to remove one person name from your house title?
If the house has a mortgage then you have to refinance. If the house is all paid off then you can go to a lawyer and have the name removed from the deed.
Husband-and-wife buy a house together the wife's name is not put on the deed until the second mortgage but the second mortgage is now paid off do we still share the deed of trust?
If a husband and wife buy a house together and the wife's name is not put on the deed until the second mortgage, yes, the deed is still shared after the second mortgage is paid off.
Can i find out if there is a mortgage on an estate?
Check the deed at the court house. There will be a lien against the property if their is a mortgage.
How do you get a person off the deed if they are not on mortgage?
The only way to get an owner "off" a deed is for the person to convey their interest in the property to you by executing a deed voluntarily.
Can 1 person sell a home if 2 people are on mortgage but 1 signed over the deed?
The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.
Are mortgage companys the fee simple titleholder?
No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.
Can a house be foreclosed on if one name is on the mortgage and someone else s name is on the deed to the land or parcel?
That depends on whose name was on the deed when the mortgage was executed.
