Does cosigner have to be present to refinance the house?
chitown asked:
My parents are legally married, but have been separated for about a year. My father would like to refinance our house and get money out for some repairs that need to be done. My parents are not on good terms with each other and my father would like to do this without her because he knows that she will not cooperate orshe will want money in return, that he will have to pay back to the bank.
Caffeinated Content for WordPress
My parents are legally married, but have been separated for about a year. My father would like to refinance our house and get money out for some repairs that need to be done. My parents are not on good terms with each other and my father would like to do this without her because he knows that she will not cooperate orshe will want money in return, that he will have to pay back to the bank.
Caffeinated Content for WordPress
Tags: Money, Parents, Refinance House
February 16th, 2009 at 6:01 am
Caffeinated Content for WordPress
your dad needs to talk to a lawyer…
February 17th, 2009 at 5:43 pm
Caffeinated Content for WordPress
They would both have to go in and sign the papers
February 19th, 2009 at 2:20 pm
Caffeinated Content for WordPress
If your mother is currectly on title then she would have to sign a quitclaim deed in front of notary public. If your dad is on title by himself then he should have no probems.
February 21st, 2009 at 7:18 am
Caffeinated Content
If they are both on title and own the home, yes they both need to be present to sign the paperwork. If your father is on title by himself, but they are both on the existing loan that is being paid off and only your father is on the new loan, your mother does not need to be present when signing the paperwork unless she is currently living there and you live in a homestead state.
February 24th, 2009 at 4:58 pm
Caffeinated Content
talk to a prist and get hin into talking them into coming in and do the right thing for their child!!!