0
Yes, a home can be sold without a cosigner's signature if the primary borrower on the mortgage is the sole owner of the property and has the legal right to sell it. However, if the cosigner is also listed on the title or mortgage, their signature may be required to complete the sale. It's essential to review the specific ownership and loan agreements to determine the necessary signatures. Consulting with a real estate attorney or agent can provide clarity in such situations.
What else can I help you with?
Can you get a loan for a house without a cosigner?
Plenty of homes are sold to individuals without a cosigner. Usually there are only 2 reasons a bank will ask for a co signer. One being, if their prospective client does not have sufficiant funds available to make the estimated mortgage payments and other monthly debt payments and stay under 50% debt to income ratio, two being credit issues.
If your name is on the deed as a co-signer but not on the loan do you have the rights to any equity when the property is sold?
The DEED is signed by the person SELLING the house and transfers the property to the new owner(s). If your name is on the deed as one of the owners, then yes, you have a right to some of the equity. But since you said CO-SIGNER instead of CO-OWNER, I think you signed the MORTGAGE, which is one of the loan documents. "What if your name is on the DEED as 1/3 co-owner, you have never paid a penny towards the property, the property is sold, do you have rights to any of the equity?" If your name is on the deed then you are entitled to your portion of the proceeds from any sale. In fact the property cannot be sold in its entirety without your signature. The other shares can be sold and then a partion can be forced if you are a minority owner. If you are just a cosigner on the mortgage you have no rights to the equity in the property. However you need to be sure that your obligation is fully released if the property is sold. lwpat http://www.speedingticketcentral.com
Can a home be sold for unpaid property taxes if it has an outstanding equity loan balance?
Yes, depending on the state, a home can be sold for unpaid property taxes.
Can a house be sold with your name on the deed as co-signer?
Deeds don't have co-signers; loans have co-signers. Loan responsibility and property ownership rights are separate. If you are listed as a part-owner of a property it CAN NOT be sold without your signature on the transfer documents. If you are a co-signer on a mortgage loan but are not listed on the deed, you have no property rights unless you have rights under community property laws.
Who does a bank pay the full amount of a mortgage when a home is sold?
bank
If there is a trust and you are one third owner of the home in the trust can the house be sold without you signing for it?
As a co-owner on the deed, your signature is required along with the other two parties. This sale would not even get through the first phase of a title search without the signatures of all the owners.
Can you get a loan for a house without a cosigner?
Plenty of homes are sold to individuals without a cosigner. Usually there are only 2 reasons a bank will ask for a co signer. One being, if their prospective client does not have sufficiant funds available to make the estimated mortgage payments and other monthly debt payments and stay under 50% debt to income ratio, two being credit issues.
Are webkinz signature sold at Toys R Us?
No.
What if a Life estate was put in more then one name can home be sold?
A home that is subject to a life estate cannot be sold without the written consent of the life estate holder.
You inherited property with 4 others do you need to sign anything to ensure the property does not get sold without your knowledge?
No. The property cannot be sold without your signature unless it is still in the estate and the executor still has authority over it. An executor can sell the real estate if there was power granted in the will or if they request a license to sell real estate from the court. Once the estate has been settled, your signature is required to sell your interest in the property.
Who gets your parents' home if they died without a will?
It will depend on the specific jurisdiction and their laws. In most cases the home will be sold and divided between the children.
If a home is purchased during a marriage without knowledge to spouse when divorced is the spouse entitled to the home or equity if sold after a divorce?
If you can prove it, you're homefree.
How can a cosigner be released from responsibility if other party wont pay our return vehicle?
cant , once the cosigner has signed that contract its legal and will remain that way unlesssss you wait till the final of the repo and they have sold the car and are trying to collect a balance from you then you file bancrupcy
Im a primary borrower on a loan n i had2 have a cosigner to get my car. i have made several payments on my carnthe cosigner had told me tht he had the car sold hes now got the not makein payments?
Something is not right here. If you are the primary, then why is the cosigner making payments and why does the cosigner have possession of the vehicle? The is back-wards of what it should be. And why in the world would you put the cosigners name on the title? You have a mess on your hands, because you went about this all wrong. You need to contact a lawyer ASAP.
If you return the car what do they do to the cosigner?
THE VEHICLE WILL BE SOLD. IT IS USUALLY THE HIGHEST OF THREE BIDS AND THE AMOUNT IS OFTEN BELOW WHAT THE AUTO IS WORTH. THIS AMOUNT IS DEDUCTED FROM THE BALANCE OF YOUR LOAN. THE AMOUNT THAT IS LEFT OWING WILL HAVE TO BE PAID,IF YOU DO NOT PAY,YOUR COSIGNER IS RESPONSIBLE FOR THE BALANCE OWING. GOOD LUCK ROD.
What does ed reed signature look like?
Ed Reed's signature looks like an angular and spiked script signature. It can be viewed online at places like Sports Memorabilia where items that are signed by Ed Reed are sold.
Can one member of a Corp buy and sell rental property with cash from the Corp without the other's signature in ND?
I think that each partner would have to sign for property purchased with money out of the corporation and also when it is sold.
