Posted on: 09th Nov, 2010 02:06 pm
Can we add my husbands name to the mortgage or deed that we are paying for her? And if so what would happen when she passes on with her name on it.
Hi sherryanderson,
You will be able to add your husband's name to the mortgage and the property deed. You should ask your mother-in-law to sign a quitclaim deed and add your husband's name in the property. Then, your mother-in-law can refinance the mortgage and add your husband's name to the loan.
Thanks
You will be able to add your husband's name to the mortgage and the property deed. You should ask your mother-in-law to sign a quitclaim deed and add your husband's name in the property. Then, your mother-in-law can refinance the mortgage and add your husband's name to the loan.
Thanks
thank you