0
What else can I help you with?
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.
Is it possible to obtain a home equity loan without having any equity in your home?
No, it is not possible to obtain a home equity loan without having any equity in your home. Home equity loans are secured by the equity you have built up in your home through mortgage payments or appreciation in value.
Does a spouse have the right to money received from a home equity loan if the loan is in the other spouses name but the deed is in both their names?
Yes they do
Can you get a home equity loan without having a home?
No.
How can I refinance my home without equity?
To refinance your home without equity, you can explore options such as a cash-out refinance, a home equity loan, or a government-backed program like the FHA Streamline Refinance. These options may allow you to refinance your mortgage even if you don't have significant equity in your home.
Can you get a home equity loan without documenting your income?
No. Even though a home equity loan is backed by the value of one's principal residence, the individual's income must be substantial enough (after other payments) to cover the principal and interest payments associated with the home equity loan. If income cannot/will not be documented, no lender will approve a home equity loan.
Are you entitled to part of your and your spouse house if it belongs to spouses parents?
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.
Can you get a home equity loan without your spouses signature?
yes you can
In Texas can a spouse whose name is on the deed and mortgage sell their house without the other spouse consent?
If both names are on the deed, then both signatures are required. If the spouse has signed a quit claim deed to the home, then the other does not need consent.
Can you get a home equity loan after you are divorced but still on the mortgage?
If you and your former spouse still own the property you can get an equity loan if both parties consent and both sign the note and mortgage.If you and your former spouse still own the property you can get an equity loan if both parties consent and both sign the note and mortgage.If you and your former spouse still own the property you can get an equity loan if both parties consent and both sign the note and mortgage.If you and your former spouse still own the property you can get an equity loan if both parties consent and both sign the note and mortgage.
If a spouse dies in Texas and has no will what happens to the house when there is a surviving spouse and kids involved?
Texas is a community property state, therefore home ownership will automatically revert to the surviving spouse, and will not be included in probate procedures. Of course all the terms of a mortgage and/or home equity agreement will need to be adhered to, to prevent foreclosure or other legal difficulties. How very sad. Dying without a will is very common, both Abraham Lincoln and Howard Hughes died without making a will. check out this website which has a lot of very useful information, and the law you are looking for. http://www.professorbeyer.com/Articles/Intestacy_Texas_Basics.htm
What are the benefits of equity home loan refinancing vs other options?
Home equity loans are generally more favorable in the face of interest rates and terms. Home equity loans are also generally cheaper compared to other options.
