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A bit of legal advice

Discussion in 'The Lounge' started by Daddy_O, Apr 3, 2008.

  1. Daddy_O

    Daddy_O Well-Known Member

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    We have a couple of lawyers in this place. Could one of you give an opinion on a certain matter?

    I'm buying a house and the wife has good credit, but I get a sweeter loan without her. Is there any issue with having her on title but not on the loan?

    Point being, is she still liable for the loan even though it is in my name only?
     
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  2. P88F

    P88F BoltTalker

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    becareful with what you do, trust nobody
     
  3. Daddy_O

    Daddy_O Well-Known Member

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    Thanks, Chippie. Yup. Ca. It's a HUD loan so it's federal vs. state.

    Picking up a 4br 2ba on 1.3 acres in Ramona. :tup:

    We close on the 10th. Loan funded today.

    HOUSEWARMING PARTY! :icon_party:
     
  4. sdbound

    sdbound New Member

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    Congrats, is this your first?
     
  5. Daddy_O

    Daddy_O Well-Known Member

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    Yup. Missed the marked by 5,000 about 6 years ago. Put my money away and waited for the madness to stop.

    Now I'm set quite nicely. Money grew better than expected and now I got me a mini ranch. (more like a large yard) :tup:
     

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