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What paper work do you do when a person wants to have another person take over payments on her house and transfer the title until its paid for?
You will need to make contact with the mortgage holder (people that loaned money to buy the house) and get their approval. Until the loan is paid off, the mortgage agreement is between the homeowner and the mortgage holder. That agreement cannot be changed without their approval, or a court order (such as bankruptcy) or the death of the borrower. In effect, you would transferring your mortgage to the other person- and that person might not be acceptable to the mortgage company.
What else can I help you with?
Can you transfer funds to another person using ACH?
Yes, you can transfer funds to another person using ACH (Automated Clearing House) which is a secure electronic payment system that allows for direct bank-to-bank transfers.
Can you purchase a house jointly with another person?
Yes, you can purchase a house jointly with another person. This means both parties share ownership and responsibility for the property.
Does a house go into foreclosure for lack of homeowner payments?
At the discretion of the lender, a house can be foreclosed after a period of missing payments.
What does monthly housing payments mean?
It means that you have to make monthly payments on your house.
What is the average interest rate on house payments?
6%
Can you transfer funds to another person using ACH?
Yes, you can transfer funds to another person using ACH (Automated Clearing House) which is a secure electronic payment system that allows for direct bank-to-bank transfers.
How can someone perform a bank ACH transfer?
ACH stands for Automated Clearing House. One can perform a bank ACH transfer by direct-deposit payroll payments and payments to contractors and vendors.
How do you transfer the deed to your house?
You have a new deed drafted by an attorney. You would be the grantor and the person(s) you want to transfer ownership to would be the grantees. Then you record the new deed in the land records office. You would do this even if you want to transfer ownership to yourself and another person.
What is an automated clearing house?
An automated clearing house is an electronic funds transfer system which allows for inter-bank clearing of electronic payments, such as credit card transactions.
What is an ach transfer?
ACH stands for automatic clearing house but it is an electronic funds transfer from one bank to another
Should you transfer your house to your daughter before you go into a nursing home?
NO. The State will consider this a transfer of assets and, unless your daughter gave you fair market value for the house, this will disqualify you from payments for nursing home care for at least several months. (An exception is if your daughter is disabled and living in the house.)
Can the same financial institution transfer a lien on a house in Florida that I sold to a house that I bought in Georgia?
They have to have permission from the courts or judge to have a lien placed on the property. It won't automatically transfer to another house.
If we transfer the house to a different person after the death of the owner what happens to the credit card debt of the decedent?
You can't transfer the house until the debts are resolved. The house may have to be sold to pay the credit cards.
Is there government assistance for house payments?
is there any help out there to help make house payments
Can anyone transfer a deed on a vacant house to another person?
No. Only the legal owner can transfer the title to a new owner.No. Only the legal owner can transfer the title to a new owner.No. Only the legal owner can transfer the title to a new owner.No. Only the legal owner can transfer the title to a new owner.
Can santa bring another person to another house for Christmas?
yes
Can you purchase a house jointly with another person?
Yes, you can purchase a house jointly with another person. This means both parties share ownership and responsibility for the property.
