Home Buying in 90755 : Advice

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Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
can my son in law pay downpayment for home that I purchased for him because his credit is not good? I am on the loan and he will be on the title?
It may be possible but I recommend working with a lender on this one-to-one. Here, on a public website, we don't know know the ins and outs of the situation.
0 votes Share Flag Fri May 29, 2015 Home Buying in 90755
Fliu.trustee, Renter in Chino, CA
Fliu.trustee answered:
Can I be on the title if I'm not on the loan? I am providing the downpayment and covering all expenses, but can't qualify due to identity
No. You can "NOT" because you did not qualify for the loan. Second, you can not do a quit-claim after close. The bank has 180 days waiting period to "season" the loan before the bank se ... more
0 votes Share Flag Fri Nov 14, 2014 Home Buying in 90755
Albert Soufi, Real Estate Pro in Corona, CA
Albert Soufi answered:
a friend purchase a home in her name i found. i'm paying the mortgage and renovating it at my expense. the bank filed foreclosure, what are my
Hi there, if you have receipts and proof you have paying at least 12 month on the mortgage then most of the times you could assume the mortgage since you can prove it, so you might wann ... more
0 votes Share Flag Wed May 8, 2013 Home Buying in 90755
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