Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

title vs loan

Posted on: 30th Nov, 2009 09:23 am
My boyfriend is trying to buy a house... I cant buy with him because i just lost a home...I am going to help with the down payment of his new home... He says he will put me on title as soon as possible..when he puts me on title will I have any legal right to the property?
>>when he puts me on title will I have any legal right to the property?

Yes, and absolutely no obligation to every contribute towards the mortgage payment. It's a bad position for him to be in if the two of you break up.

The two of you should meet with a Real Estate Attorney and draw a contract up on the side, to ensure both are protected.
Posted on: 30th Nov, 2009 12:39 pm
Page loaded in 0.072 seconds.