Generally, no. However, you need to consult with an attorney in your area because state laws vary on this topic. There are many factors to consider. If you live in one of the nine community property states you may have an interest in the property IF your husband purchased it after the marriage. Some other states consider it marital property IF the couple gets divorced. If there is no divorce and no community property issue, in some states, such as Massachusetts, your husband is the sole owner of the property. You would acquire an interest only if he died.
No. The husband is the sole owner of the property.
If they are not listed on the mortgage, then they have no legal obligation to pay the debt. If payments are not made it is only your credit that will be damaged.
Yes, a spouse can testify but only on a voluntary basis. The spouse can not be compelled to testify.
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
It is either. If you are the husband your spouse is your wife. If you are the wife your spouse is your husband.
The owners of any property are the grantees listed on the current deed. The property may be subject to a mortgage if any owner granted a mortgage to a lender.
if the wife owned a home prior to marriage and the spouse signed non vested spouse. does the home still belong only to the wife.
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
The only way to remove your spouse is by refinancing the mortgage. Your attorney may be able to assist you in negotiating with the bank.
A spouse is not added to a mortgage; if the spouse already owns an interest in the property through deed or community property, then the spouse is subject to the mortgage, regardless of whether or not he or she signed it. Note, however, that many mortgages contain "due on sale" clauses which require the mortgage to be refinanced if there is a change in ownership of the property. Contact your bank to see if your loan contains such a clause.
You can refinance without the spouse but you will need their consent to do so. If the spouse is on the title of the home, the answer is "no". If the spouse is on the existing mortgage the answer is "no". If the spouse is not on title you need to indicate on the loan application that you are married, and if you don't is fraud. At the time of closing she/he would have to be present. Inform you spouse of your actions.
Yes. Your spouse's sister's husband is your spouse's brother in law, and therefore your brother in law as well.
you just get it for no reason
Then the house needs to be sold.
The options include: stop paying the mortgage and let the bank repossess the house; pay the entire mortgage yourself; divorce the spouse and move out; divorce the spouse and stay, while your spouse moves out; find out why your spouse refuses to pay half of the mortgage and see if some agreement can be reached; seek cheaper housing; go on an extended backpack tour of Europe; enlist in the army. That's about it.
You can add your spouse to the mortgage by refinancing in both of your names. Your spouse does have to be credit-worthy. Check with your original lender to see if it can be done simply without a full fee for refinancing.
Spouse means husband or wife, so if you are a woman they are asking for your husband's name.
I think that the poem is about an abused spouse, but she can't do anything about it because she loved her husband so much.
You will have to refinance your loan in order to get his name off. The loan now has both of your names on it because you both appied at the same time. This mortgage has to be paid off in order to remove the ex-spouse. That means you will have to apply for a new mortgage in your name only.
You have the same rights regarding property as you do with your husband. And because you are the spouse, you may want to go to the court and get them to appoint you.
Spouse means husband or wife, as in a man and his spouse or a woman and her spouse
You are related to your husband by marriage. He is your spouse.
If your spouse is going to be on the loan, then yes it does matter.
No, it is not a verb. Spouse is a noun (a husband or wife).
Your husband or wife is your spouse.