Posted on: 18th Jan, 2009 04:18 pm
Can we use a warranty deed to add spouse to title with a mortgage...Hi, my husband purchased our in Sept of 08 and we were married in Oct 08. I understand Texas that is a community property state, however, I still want to be listed on the deed so that I can handle legal matters, etc.
I was told by the FBC tax office that a Quitclaim deed is virtually useless and they suggested that I use a Warranty Deed. My question is can we use a Warranty deed with him as the Grantor and us as the Grantees even though there is an an outstanding mortgage?
Any will is appreciated.
I was told by the FBC tax office that a Quitclaim deed is virtually useless and they suggested that I use a Warranty Deed. My question is can we use a Warranty deed with him as the Grantor and us as the Grantees even though there is an an outstanding mortgage?
Any will is appreciated.
hi shari!
welcome to forums!
yes, you can use a warranty deed to add your name to property along with your husband. as there is a mortgage on the property, i would suggest you to inform the lender before adding your name to the property. may be he will ask you to refinance the property.
feel free to ask if you have further queries.
sussane
welcome to forums!
yes, you can use a warranty deed to add your name to property along with your husband. as there is a mortgage on the property, i would suggest you to inform the lender before adding your name to the property. may be he will ask you to refinance the property.
feel free to ask if you have further queries.
sussane
does the spouse being added to title during a refinance have to sign deed, notice of right to cancel, TIL an Itemization. I do an occasional loan in Texas and I know these items are needed in Nevada, not sure about Texas...
Hi suzanne,
Your query has been answered in the given link:
http://www.mortgagefit.com/texas/addspouse-title.html
Please take a look at it. I hope it'll help you.
Thanks
Your query has been answered in the given link:
http://www.mortgagefit.com/texas/addspouse-title.html
Please take a look at it. I hope it'll help you.
Thanks