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If you owe money on a home you should hold title. A deed is the document that is publicly recorded. It signifies that you have an ownership interest in the real property described in the deed. It is not required that you have a deed, but it is not technically your house if you do not have a deed since you are not on title. It is not good to have a mortgage on a home that you don't own. Typically this can only occur if you sign a Quit Claim Deed that takes you off title. When you purchase a house it is the most critical part of the transaction since it is the document that actually transfers ownership.
What else can I help you with?
Is it possible to sell a house without a deed?
No, it is not possible to sell a house without a deed. The deed is a legal document that proves ownership of the property and is required for the transfer of ownership to a new buyer.
Can cosigner sell the house?
Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.
If two people become joint tenants on a house deed that they inheirit can one borrow against the deed without the other's consent?
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.
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.
We oun a house together want to sell new wife wont sign his part of deed?
my ex and i own a house together want to sell but his wife of 3mons wont sign deed
If a wife is on the deed of the property can she sell the house and keep the money if there is outstanding lien?
No, the lien will be satisfied first. Also, she cannot sell the house without the approval of a spouse or other interested party, unless there is a court order to do so.
Can the cosigner sell the house if his name is not on the deed and the primary borrower has missed 3 payments?
No. If you are not on the deed, you can't sell the property. The only "right" you have as a cosigner is the obligation to make the payments.
How can you sell a house that you and your brother bought and he is a fugitive?
The only way to sell a house is for all the owners to sign a deed that transfers ownership to a new owner.
Do both owners have to sign in order to sell a house?
Yes, typically both owners listed on the deed must sign in order to sell a house.
DO I NEED A LIFE ESTATE IF MY PARENTS AND I BOTH OWN THE HOUSE?
If your name is on the deed, no. A life estate would serve no purpose as long as they can't sell it without your approval.
Can a minor sell real property after the deed is in their name?
No not without an appointed Guardian
How can you sell your house after your wife died?
Typically spouses have a deed as tenants by the entirety. This means he inherits the house automatically when the wife dies. Filing a death certificate with the deed will clear the title.
