Posted on: 22nd May, 2013 01:43 am
need help please.
has a friend in ca. husband passed and attorney mistakenly transfer property the property to her and a 7 year old son through the probate process. unfortunately, bank will not refinance her home, due to a minor. she has gone through three vendors and all back out of refinances after charging her appraiser fees. then that crook attorney charged her 24plus k for the process on her credit card and now put a lien on her property for the remaining 10k. she current has 6.5% interest on the mortgage with load to value of approximately 50%. she is broke and need helps to get this refinance done.
has a friend in ca. husband passed and attorney mistakenly transfer property the property to her and a 7 year old son through the probate process. unfortunately, bank will not refinance her home, due to a minor. she has gone through three vendors and all back out of refinances after charging her appraiser fees. then that crook attorney charged her 24plus k for the process on her credit card and now put a lien on her property for the remaining 10k. she current has 6.5% interest on the mortgage with load to value of approximately 50%. she is broke and need helps to get this refinance done.
Hi Teo,
Unless the name of the minor gets removed from the property deed, she may not be able to refinance the mortgage. It will be better if she can contact another real estate attorney and takes his help in removing the minor from the property deed.
Thanks,
Jerry
Unless the name of the minor gets removed from the property deed, she may not be able to refinance the mortgage. It will be better if she can contact another real estate attorney and takes his help in removing the minor from the property deed.
Thanks,
Jerry
Hi Teo,
If you could PM message me from this site, I could help you get this straightened out. Thanks
If you could PM message me from this site, I could help you get this straightened out. Thanks
A minor cannot hold a property interest, so the transfer to the minor is voidable. However, the mother could just sign a quitclaim deed on behalf of the minor to herself as grantee. Problem solved.
