 Does this sound legal? Ethical? |
| I live in my my parents old home. It was my grandparents before theirs. It has been paid for, for a number of years. Originally we agreed to a purchase price of $15K for the substandard structure &... |
|
 In the UK what is the difference between a flat and an apartment |
surely they are the same thing
Additional Details
but they use the word `apartment` on ... |
|
 ATTN: Those with REAL ESTATE knowledge-- Is now a good time to buy real estate? |
| I keep hearing that the prices are starting to fall... if I buy now as a first time home buyer, will the prices keep falling? I am wondering if I should wait to test the waters or buy now- if I buy ... |
|
 What are some things i should be wary of, in a 10yr fixed intrest only, loan? |
| i am looking at purchase of redondo prop, at 830k, and can live there up to the 10 yr point if nesc. what are the good aspects? the bad? who can i get the best, legitimate rate to compare from? my ... |
|
 Where can I advertise my house for sale on the internet for free? |
| Is there a UK website where I can advertise my house for sale on the internet for free? Ideally I would like to include photographs too.... |
|
 How nessesary is it to get a mortgage pre-approval if it is not your first home buying? |
| Our house is for sale and we want to start looking for a new one. I know 1st time buyers should get a mortgage pre-approval before looking at houses, But if this isn't our 1st house, how ... |
|
 Can I still sell my house if I have a mortgage? |
| I bought a house a couple years ago for $213000...it was appraised at $215000...we have two mortgages to cover the whole $213000...If we were to sell our house for $210000(housing costs have actually ... |
|
 Real Estate Question? |
I have 48 acres located in Webster County West Virginia. 46 acres are timber, and 2 are field. I own the Oil, and Gas rights on this property.
I've been trying to sell this land for ... |
|
 HELP!!!! I just signed a month to month lease, the apartment is terrible. How do I put in my notice to vacate? |
Wait till my next rent payment or turn in as early as now?
The apartment was not ready to move into when the first told me it was and rented to me. I had at most luke warm water for the ... |
|
 I would like to know if it costs anything to put your home on the market to be sold? |
| Also, we were considering doing this through Keller-Williams Realty. If you've ever dealt with Keller-Williams, what was your experience(Good/Bad)?... |
|
 Is There A Mortgage Available For Someone Like Me? |
| Here is the situation: I am currently living at home with parents. I am not a home owner and I do not have my own property. I am looking to get my foot on the property ladder and purchase my first ... |
|
 Financially, is it better to pay off my car or buy a condo/townhome? |
| I have a year of car payments left. My apartment lease is up in May. I can pay the car off soon, or keep those savings for a downpayment on a condo/townhome. I'd essentially just delay paying ... |
|
 How Do I get out of an apartment Lease? |
| I signed for a lease last night and I went back in the area today and seen it was a really bad neighbor hood. Since I have not moved in yet, and not even gotten the keys, can I get my deposit back, ... |
|
 What does a Realtor really do? |
| My husband and I recently put an offer in on a house. The realtor that we used is really rubbing me the wrong way! The market here is VERY slow and he is overly desperate for the commission which I ... |
|
 Is it a good time to buy a house? |
| I am in NJ. It looks like house prices have come down a little (nothing drastic). Meanwhile interest rates are not going down. Should I postpone buying a house? How can someone keep track of how ... |
|
|  |
Michael V | I have a girlfriend and she is moving out and both of our names our on the house.? |
We split up of course and I talked to my lender and he said all I had to do was refinance in my name and would not need her signature or anything. Is this right? Can you just easily take someone off the loan like that? He said he would get started on the paperwork right away and probably refinance at a lower interest rate since the market is the way it is right now. I just don't see this as being that easy. Input would be appreciated. Thanks. |
 |
 
goz1111
|
How is the placed titled? |
|
Real Estate Guy
|
Is she on the title? If yes, she is 50% owner in the property and you WILL NOT be able to refin or take her name off without her permission. I'm betting this will cost you. You will need to pay her off.
If she is only on the loan and not the title, she still needs to sign off, but she doesn't own anything but owes for the mortgage. Make the point to her that be refin, she will walk away without ever being responsible if you stop making payments. |
|
kelbean
 |
No - she will have to sign something. |
|
ticketoride04
 |
sounds as tho you are splittin the sheets for good, so you will need a 'quit claim' for her interest to be removed from the parcel.
Make up the QC in advance b4 you spring it on her so she has no time to rethink the matter and want a bigger share going out the door.
Then with that in hand, you will need to present that doc to the escrow officer to have her removed during the loan & closing process.
I think the lender misled you somewhat...he really ment your score is good enough to qualify for the loan by yourself and she need not be on the loan.
Just being on a loan does not remove one from the ownership of the parcel...you need to have her removed with a doc signed by the one leaving.
Your home my not be her cup of tea and she doesn't consider the equity a big deal at this time,, so shes down the road.
Ask your escrow officer what and what is not necessary to close the escrow for a new loan and with you on as sole owner.
I think you'll find that moreover I'm correct. |
|
bdancer222
|
You can refinance without her signature but if she is on the deed you will need her to sign off on that.
If she is on the deed, that means she is entitled to half of the equity. Get an appraisal to figure the current market value, subtract the mortgage balance. It will be a lot cheaper to pay her off now then on down the road when you have to file partition suit to sell the place. |
|
Seinen Wakichou
|
I'm surprised she was fine with you keeping the house. I believe that if the title to the property is in your name solely, you should be free to refinance the house. However, if the title has her name on it, you can refinance the house, and when it is paid off, she still will have a claim on the property. When it comes time for you to sell the property, she will need to be contacted as the property may not be yours to sell without her permission. It is best to clear these matters up now. You don't want to have to track down an ex in 10 years and ask for a "favor." That is why we have attorneys. |
|
Jennifer
|
Hi,
I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
http://d6b0.easyurl.net |
|
reenzz
|
Sure you can refi...but your name will be the one on the mortgage and her's will remain on the deed...still giving her 50% interest the the home. The only way to get her off the deed would be to refi...with her consent and signature..releasing her from any claims to the property. |
|
Walking on Sunshine
|
It depends on the state laws if your agent says she doesn't need to sign - it probably is true. If you want to be sure contact the Department of Housing and Urban Development in your area (HUD). |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 18 minutes(s) ago
| | | |
9 | 36 minutes(s) ago
| | | |
11 | 56 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 5 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
