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In MI if the husband and wife are on the deed and the house is used for collateral do both parties have to sign the loan?
Wiki User
∙ 15y ago
The lender will want both of the owners to sign the mortgage so that in the case of a default it can take possession of the property. Generally, when only one owner signs a mortgage the lender can only foreclose on that person's interest.
Wiki User
∙ 15y ago
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What rights does the wife have in the event of a divorce if the husband has signed a purchase agreement to buy a house in Iowa but changed his mind?
If both parties signed the contract then both are responsible. Have the contract reviewed by your attorney and try to negotiate a settlement with the sellers and with your husband through his attorney.
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No, because it is both of your homes.
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husband and wife live together but file separately. both are itemizing deductions. husband pays mortgage and r/e taxes. house in both names. does the mortgage interest and r/e taxes have to be split if all paid by husband or is husband entitled to take ?
“husband and wife live together but file separately. both are itemizing deductions. husband pays mortgage and r/e taxes. house in both names. does the mortgage interest and r/e taxes have to be split if all paid by husband or is husband entitled to take full deduction.”
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Usually a house is part of the divorce since it was bought while there was a marriage. This means that both of you have an interest in the house. You will have to settle with your husband what will happen with the house.
If a married couple owned a house in Michigan could a will signed by both parties overrule Tenants in Entirety?
No.
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For it to be considered marriage counseling, both parties need to attend. You can always get individual counseling, if your husband does not want to go.
