Posted on: 08th Jul, 2010 11:09 pm
If The mortgage is only My Name? The Mortgage is Soley going to be in my Name in Tx. The Lender said that my Wife may potetially have to sign something at closing,but didnt specify what? She said she has no desire to sign anything, this is in Texas. Thanks
Hi rayyoung,
Texas is a community property state. If you buy a property, your wife will have community property interest in that property. In that case, the lender may want her to sign an inter-spousal transfer deed and relinquish her claims to that property.
Thanks,
Jerry
Texas is a community property state. If you buy a property, your wife will have community property interest in that property. In that case, the lender may want her to sign an inter-spousal transfer deed and relinquish her claims to that property.
Thanks,
Jerry