Home Buying in 60455>Question Details

Inno, Home Buyer in 49251

As married man, do I have to put my wife's name on the title or deed?

Asked by Inno, 49251 Tue Feb 21, 2012

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5
Alan May’s answer
I don't know that you're under any legal obligation to put your wife on the title. But if you don't... I'd be prepared to sleep with one eye open for the rest of your marriage.
1 vote Thank Flag Link Wed Feb 22, 2012
Alan May, Real Estate Pro in Evanston, IL
MVP'08
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Inno;
Well.......if you want to stay married...
Web Reference: http://www.321property.com
1 vote Thank Flag Link Wed Feb 22, 2012
You only have to put the people that qualify for the loan on title/deed/ deed of trust. Use me as an example: my wife is a stay at home mom. If I were to buy a home they would only use my financials. At that point we would have the option for just me to be on title or my wife and I.
Web Reference: http://www.i-agent.com
0 votes Thank Flag Link Wed Feb 22, 2012
Your other question indicates you are borrowing money to complete the purchase. In my state she would need to sign the deed and mortgage giving you permission to do the deal. Otherwise we can’t close the loan. Good luck,
0 votes Thank Flag Link Wed Feb 22, 2012
I like Phil's answer. Probably you will be better off putting your wife's name on, but putting joking aside. No, you don't have to. I even recently had a closing where only husband's name appeared on the deed.
0 votes Thank Flag Link Wed Feb 22, 2012
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