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I am buying a house and want to put my name and my daughters on the title. Can she get a loan against it without me knowing?
Chris's answer
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Answered on August 21, 2015
She cannot get a mortgage on the property without your knowledge because you will have to sign off on the collateral agreement (mortgage) as your...
DO Attorneys advice which title company to use ?
Chris's answer
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Answered on August 21, 2015
I agree with the answers previously provided. To add to it, real estate in New York is a complicated process and there are numerous way for a deal...
Archived
I invested $20,000 on a co-op with my fiancee but we have decided to separate. How can I get my investment back if I leave.
Chris's answer
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Answered on August 12, 2015
It will depend if your name is on the coop stock and lease. If it is not, it will be hard to prove that you contributed to the coop. If there is a...
Going through divorce, name removed from title and deed of properties
Chris's answer
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Answered on August 12, 2015
If you go on ACRIS (google ACRIS), you will be able to search for your properties by address or block and lot. You will be able to see when your...
Archived
How do I get my name off the HeLoc?
Chris's answer
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Answered on August 12, 2015
You will have to check the terms of the HELOC. You should have a copy of the actually mortgage. For almost all lenders, they will not remove a name...
Archived
What difference does it make whether it's a loan or a gift?
Chris's answer
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Answered on February 07, 2013
Your mother would be entitled to the money if it were a loan. However, the issue would be proving that the amount given to you was, in fact, a...
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