Posts Tagged ‘deed’
When you might need court approval to sell your home
Question: When my husband and I divorced two years ago, I was awarded our Surprise home. Although I knew I should have seen a lawyer, I quickly recorded a deed to our twin boys because, if I died, I did not want my ex-husband to be able to sell the ‘family’ home. I am now remarrying,…
Read MoreProblems with Joint Tenants With Right of Survivorship
Question: We want to sell our Sunnyslope home and downsize to a townhouse in central Phoenix. In organizing our paperwork with our listing broker, we learned that our Sunnyslope deed said that we owned our home as “joint tenants with right of survivorship (JTWROS).” Our listing broker said that we should change this language in…
Read MoreAfter Father Deeds Home to Mother, the Mortgage Lender Cannot Require Payment of Entire Mortgage
Question: Four years ago my mom and dad, who are in their 70s, bought a nice home in Wickenburg with a $420,000 mortgage. They recently separated for whatever reason, and my dad deeded the Wickenburg home to my mother. Although my mother is current on the mortgage payments, my mother is now worried that the…
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