Posted on: 10th Feb, 2011 11:02 am
My husband and I purchased a house in Florida 1 and 1/2
years ago (We are not living in the house right now). Before "we" purchased the house my husband agreed that he will "sign" papers stating that all the $ invested was my money and he had no part and consequently the house should be my property only. The Mortgage & house is in both our names.
I pay for ALL the expenses with my Retirement Pension and Social Security Stipend (which is about $7,000.00 a month). We have a mortage which I have been paying religiously. We didn't have the time to legalize the transfer. Now the time has come. What do I have to do to make the legal transfer? I don't think I will qualify for a mortgage for I am retired now.
years ago (We are not living in the house right now). Before "we" purchased the house my husband agreed that he will "sign" papers stating that all the $ invested was my money and he had no part and consequently the house should be my property only. The Mortgage & house is in both our names.
I pay for ALL the expenses with my Retirement Pension and Social Security Stipend (which is about $7,000.00 a month). We have a mortage which I have been paying religiously. We didn't have the time to legalize the transfer. Now the time has come. What do I have to do to make the legal transfer? I don't think I will qualify for a mortgage for I am retired now.
hi groovy!
welcome to forums!
you will have to ask your husband to sign a quitclaim deed in order to get the property transferred in your name. as far as the mortgage is concerned, you can refinance it with your retirement pension and social security stipend.
feel free to ask if you've further queries.
sussane
welcome to forums!
you will have to ask your husband to sign a quitclaim deed in order to get the property transferred in your name. as far as the mortgage is concerned, you can refinance it with your retirement pension and social security stipend.
feel free to ask if you've further queries.
sussane