Posted on: 01st Dec, 2008 04:40 pm
My name is not on the mortgage but was filed to be placed on the deed, What are my rights? If any.
Thanks
Thanks
Welcome rlbrown,
As your name is on the deed, you will have full ownership rights to the property but as the mortgage does not have your name, you will not be liable for the mortgage dues. Moreover if the property is foreclosed upon, then your credit will not be affected as your name is not on the mortgage.
As your name is on the deed, you will have full ownership rights to the property but as the mortgage does not have your name, you will not be liable for the mortgage dues. Moreover if the property is foreclosed upon, then your credit will not be affected as your name is not on the mortgage.