Posted on: 02nd Nov, 2008 04:52 pm
I have a house in Ohio, I just saved it from being foreclosed. I am behind on all my bills. (My husband committed suicide and I can't get myself together) I have recently moved to Az, but my daughter lives in the home in Ohio. My friend told me to apply for a homestead, so far what I read it sounds like I have to live in the home. is this true. No ones name is on the deed or mortgage but mine, should I put my daughters name on the deed? I am only 53yrs old, but you never know what tomorrow brings. thank you so much for helping me!
Hi kathyg!
Welcome to forums!
It is very important for the owner to live in the property in order to declare it homestead. Yes, you can add your daughter's name to the deed. This will also make her the owner of the property and she can file for homestead.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
It is very important for the owner to live in the property in order to declare it homestead. Yes, you can add your daughter's name to the deed. This will also make her the owner of the property and she can file for homestead.
Feel free to ask if you have further queries.
Sussane
Hi Kathyg,
Welcome to our community forums.
It's good that you saved the home from foreclosure. However, Homestead applies to owner-occupied properties. So yes, you'll have to occupy it. Merely having your name on the deed will not do.
Regards,
Jessica.
Welcome to our community forums.
It's good that you saved the home from foreclosure. However, Homestead applies to owner-occupied properties. So yes, you'll have to occupy it. Merely having your name on the deed will not do.
Regards,
Jessica.
