My boyfriend bought a house last year and he is wanting to transfer the mortgage to my name being that we have two kids and we will be separating soon. What is the best way for me to become full owner of the propert? Should I buy the property from him? Refinance the loan and add me as owner? Or just get added on the deed?... more
OCLisa, You can actually report them to the local board of realtors and they would more than likely be sanctioned for their actions.
Lots of agents leave properties listed "active" too long because they are trying capture more leads.
Great question. It would really depend on weather or not you could get qualified on a mortgage. $20,000 is a great start, but it would not make the difference in being able to qualify due to your credit situation.
Please let me know if you have any further questions!
Have a great day
There are two "Contracts" here; the Contract between you and the Seller, and the Contract within the Escrow:
What I want to address is the Escrow; The Title Company will not do ANYTHING unilaterally; meaning they will not cancel the Escrow based on the Seller's request, you have to agree. They will keep the Escrow open if you do not say so.
So, if the Seller tries to sell the house to someone else, there will be an Open Escrow pending.
In the other extreme; the Title Company will bill you for your expenses. They will bill the Seller for theirs.
Befriend the Officer at the Title Company and ask them to call you if something happens. (do not try to give them a gift or anything; not kosher!)