Posted on: 13th Oct, 2010 06:03 pm
Hello,
I'm suppose to close on my first house tomorrow. My husband, myself and his sister, who co-signed, will be part of the mortgage AND the deed. I specifically asked my broker not to include her in the deed, however her name somehow appeared on the deed. Now, tomorrow is the closing and I'm very upset that her name is on the deed. The broker is telling me that due to the fact that my husband and I took out an FHA loan we would have to wait 2-5 yrs to remove her name from the deed.
What can I do now?
I'm suppose to close on my first house tomorrow. My husband, myself and his sister, who co-signed, will be part of the mortgage AND the deed. I specifically asked my broker not to include her in the deed, however her name somehow appeared on the deed. Now, tomorrow is the closing and I'm very upset that her name is on the deed. The broker is telling me that due to the fact that my husband and I took out an FHA loan we would have to wait 2-5 yrs to remove her name from the deed.
What can I do now?