Posted on: 12th Oct, 2010 05:54 am
My boyfriend and I have been together for 15 years. Its rocky. We have 3 kids and he says if his name is not on the title when i close he will leave me because he is not on the mortgage. I tried to do it on my own in case he leaves for the 100th time.
Hi ajsdesign,
You can place a person on the property deed though his name is not on the mortgage. However, this won't be a good move as the person will have ownership rights to property but won't be responsible for the loan payments. It will become your sole responsibility to pay off the mortgage.
You can place a person on the property deed though his name is not on the mortgage. However, this won't be a good move as the person will have ownership rights to property but won't be responsible for the loan payments. It will become your sole responsibility to pay off the mortgage.