Can I transfer the title to my daughter since she is the one paying for the mortgage? Will the property tax go up even if the house value went down?

Asked by Bebur, Los Angeles Wed Feb 22, 2012

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William Yarb…, Agent, Los Angeles, CA
Wed Feb 22, 2012
If your daughter is on the mortgage she should be on title. If she is not, transferring the title to her would be considered a change of ownership and could cause the lender to call the loan, since she was not the person granted the loan. She can assume the loan (subject to lender's approval and usually an assumption fee).
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