0
You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoYou should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
Add your answer:
Earn +20 pts
Do you have to be married to have your name on the property deed in NJ?
No. If you are on the mortgage you should also be on the deed.
In NJ can you be on the deed but not on the mortgage?
Yes, it's possible to be a grantee on the deed and not listed on the mortgage. All owners of the property are supposed to sign and be listed on the mortgage, but this doesn't always happen. During the refinance frenzy a few years ago, some lenders gave out mortgages to only one owner. If that is the case and there is a default on the mortgage, the lender can only foreclose on the interest of the person who actually signed the mortgage. See related question link.
Can a child under 18 who inherited interest in real estate from a grandparent in NJ sign the deed to transfer?
No, they are not of legal age. Their guardian must do it.
Where can one find the best NJ mortgage rates?
One can find the best NJ mortgage rates when one goes to the website of bankrate dot com. There one can compare mortgage rates of banks in NJ and come up with the best rates.
Is NJ a non recourse mortgage state?
no
Where is Abby mortgage Headquarters located?
Abby Mortgage headquarters is located in Barnegat, NJ.
How do you transfer the deed of a deceased parent in NJ to surviving children?
When a decedent owned real property their estate must be probated for title to pass to the heirs. Also, the court must appoint a representative of the estate. You should seek the advice of an attorney who specializes in probate law for the procedure in your particular jurisdiction. In NJ, either the executor or the administrator will sign what we call an "executor's deed" where there is a will or an "administrator's deed" where the is no will. This is to formalize the transfer of the property. It is important to know that the beneficiaries or heirs technically own the property as of the date of death rather than the date of the deed. This deed is a formality only.
What are the release dates for The NJ Real Estate Show - 2010 Mortgage Loans 1-6?
The NJ Real Estate Show - 2010 Mortgage Loans 1-6 was released on: USA: 2 November 2010
What banks are offering the best mortgage rates in Morris County NJ?
There are multiple banks with fairly good mortgage rates in Morris County, NJ. A few are Lakeland Bank, NVE Bank, Provident Savings Banks, and West Essex Bank.
What is a penalty for a failure to stop at stop sign in NJ?
Depends on if NJ stands for New Jersey or Not Joking.
What age of consent is it legal to sign a contract for the gold's gym in Jersey City NJ?
The age of majority is required to sign a legally binding contract. That is 18 in NJ.
How long after a divorce in NJ can a woman get married?
Immediately
