Contact the mortgage company. They may work out a new loan in your name. It may be necessary to contact an attorney about your rights in your specific state.
In Texas, the suriving spouse has a life estate and does not have to sell.
Home equity loans can be done through a person's personal bank, or though a the company which sold the house. And the person who owns, or in the process of owning the house is the one that can ask for an equity loan.
Equity is the proportion of those assets you own, compared to the debt on those assets. An example would be a house. A house is an asset. The equity is the amount of the mortgage that is paid off plus any appreciation the value of the house. Same with a company. Its the difference between what you own and the debt or liabilities. Assets minus liabilities equals equity. You have equity in assets.
Yes.
You won't file a lien per se. If you are separating from your spouse, you need to see a divorce attorney. He or she will file your divorce at the courthouse, and your equity in the house will be determined by the court. Your attorney may file a lis pendens, which will serve as notice to anyone whom it may concern that your divorce is pending, and you are seeking a share of equity, but this is not required.
You need the spouse to sign a quit claim deed, which can be prepared by a title company or anyone that knows how to fill out the form.
There is no requirement that you put a spouse on your rental agreement in Florida. If this were your primary home and you were purchasing it, then there would be requirement that both are on title or the one spouse sign document acknowledging they have the right to be.
No. You will have no legal right to assets in someones name other than yours and your spouse's. Special circumstances may apply and may vary state to state. You and your spouse have been purchasing the home together from the parents) In this case you should be eligible to split equity in home.
In Texas, when a spouse dies, the surviving spouse is typically entitled to the house if it was community property or if it was left to them in the deceased spouse's will.
When a spouse is verbally abusive, that is oftentimes a precursor to domestic violence which can escalate to physical abuse. When a spouse quits paying the bills for the house, or controlling all of a marriages financial assets, this is called financial abuse.
Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.
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