Posted on: 02nd Apr, 2009 07:10 pm
We bought a timeshare unit in Las Vegas last year and the company has been relentless is trying to get us to sign the document. The rep assured me it is in out best interest so that if something happened to me my wife could eaily sell it. My wife does not want the burden of the payments. Whose interest it it really?
Welcome mag,
As far as I know, lenders in community property state generally ask a spouse to sign an inter-spousal transfer deed. This would help them to foreclose the property easily without satisfying the claims of the other spouse in case of a default. I would suggest you to speak to some of the other lenders and check out if they have the same requirement or not.
As far as I know, lenders in community property state generally ask a spouse to sign an inter-spousal transfer deed. This would help them to foreclose the property easily without satisfying the claims of the other spouse in case of a default. I would suggest you to speak to some of the other lenders and check out if they have the same requirement or not.