A husband can transfer a home to his wife, and in many cases be exempt from transfer taxes, or he can sell it to her outright as he would anyone else. In some states the wife may already have rights to the property based on her community property rights regardless of what name appears on the title.
no
You will not have to sell your house if you only have $12,000.00 equity in it.
What that means is you both own the house, but only you are responsible for repaying the debt. All the owners of real estate must sign the deed in order to transfer ownership. You cannot transfer your husband's interest. He must sign the deed and he will receive half of the net proceeds unless you make a different agreement in writing.
The answer is when he dies the reverse mortgage company will settle up the loan, so you will have to either sell the house or refinance with a new mortgage.
No, it is not illegal to sell a house for cash.
If you are not the only name on the house, you will still need the cooperation of the other/s. If you are the only name on the house ,yes, you can sell.
If you want to.
Not if the wife's name is on the title. She is the only one who can sell the car.
The only person that can sell it is the person who's name is on the title.
no
Only if he owned the house before your marriage. If the house was purchased during the marriage, you should be part owner and he would not be able to sell the house without your approval.
Of course not. If the property is owned by husband and wife only the wife can consent to the sale of her share. The husband can only sell his own interest and not his wife's.Of course not. If the property is owned by husband and wife only the wife can consent to the sale of her share. The husband can only sell his own interest and not his wife's.Of course not. If the property is owned by husband and wife only the wife can consent to the sale of her share. The husband can only sell his own interest and not his wife's.Of course not. If the property is owned by husband and wife only the wife can consent to the sale of her share. The husband can only sell his own interest and not his wife's.
Your husband would have to sign all the papers to start the process
This is where having an estate would be a big help. The estate essentially represents your husband. Yes, you are going to be able to sell the house, subject to the mortgage, of course. Whether you have to use the estate or not to do so, the bank will tell you. Consult a probate attorney and they will help you out.
If you and your ex husband and your lawyers decided to leave the house in both your names, then if he or you want to sell you should be mature about it and divide the proceeds from the house.
You will not have to sell your house if you only have $12,000.00 equity in it.
In the UK, NO