Posts Tagged ‘mortgage’
Husband won’t put wife on home title. Is she at risk?
Question: My husband and his first wife bought their Tempe home 30 years ago. His first wife passed away five years ago. Six months later, my husband and I started dating and we were married three years later. Since our marriage, the monthly mortgage payments have come from our joint checking account. The paychecks of both…
Read MoreWhen Is a Mortgage ‘Due on Sale’ Clause Triggered?
Question: Last week we went to an estate planning seminar in our Litchfield Park community center. We now have the forms to transfer our home to a Revocable Living Trust (“RLT”). Our home, however, still has a $220,000 mortgage. In reviewing this $220,000 mortgage, there is a “due on sale clause” in the mortgage that…
Read MoreHow Can I Do It? Adding a Partner to a Property Title
Question: My girlfriend and I have two children and we have been together for almost ten years. Six years ago when we purchased our Glendale home, we purchased the home in my name only because my girlfriend had some credit problems. I want my girlfriend now to legally own our home. Do my girlfriend and…
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