Legal Question in Real Estate Law in Oregon
refinanced my home in my exboy friends name to avoid fourclosure,i want to be on title as co-owner how do i go about this
Asked on 8/16/10, 9:15 pm
1 Answer from Attorneys
Daniel Meek
Daniel W. Meek
You don't.
Putting you on the title as co-owner means that your boyfriend has sold or given you half of the house. That is a transfer of ownership that almost certainly will trigger a "due on sale" clause in the mortgage loan, making the entire loan immediately due.
Answered on 8/21/10, 10:33 pm
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