Yes, you can get a loan against your house deed through a process known as a home equity loan or a home equity line of credit (HELOC). This type of loan allows you to borrow money using your home as collateral.
The deed is filed in the county courthouse. There will be a lien filed against it if there is a loan.
what happens if your husband dies and i am on deed,but not on loan.am i responsible for the loan and do i keep the house/
Not necessarily as you could have used the deed as security against a loan and the person lending you the money can take the house from you if you fail to meet the loan repayments. (They will usually hold the deed for you while you owe the money). Also it is best to check with the land registry to see who the government thinks owns the house. As in may countries deeds are being replaced by official property register databases.
house documents are mortgage and title deed at register office
Yes but your parents being on the deed will have to also sign.
The deed is filed in the county courthouse. There will be a lien filed against it if there is a loan.
In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.
what happens if your husband dies and i am on deed,but not on loan.am i responsible for the loan and do i keep the house/
Get a restraining order.
Not necessarily as you could have used the deed as security against a loan and the person lending you the money can take the house from you if you fail to meet the loan repayments. (They will usually hold the deed for you while you owe the money). Also it is best to check with the land registry to see who the government thinks owns the house. As in may countries deeds are being replaced by official property register databases.
house documents are mortgage and title deed at register office
In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.
Yes but your parents being on the deed will have to also sign.
Take a loan from the bank...........
No, one can't sell or borrow against the property without the other person signing off on the loan. You can choose to sell the property and split the costs.
If your property is collateral for the bank's loan there is almost a 100% probablility that, whether you hold the deed or not, they have filed a lien against the property to protect their interests
You still owe your part of the loan. Are you sure you are not listed on the deed? Check that out. You could possibly get part of the equity in the house if it is sold that could pay off your part of the loan. Go get a good lawyer. I had a bad one and didn't get the equity I deserved.