Legal Question in Wills and Trusts in Texas
My boyfriend and I decided to buy a home and my credit is not great and i have student loans dun in june. His father is a president of a bank and has given my boyfriend the loan to purchase the home. i am not on the note or the loan. Is there any way i can insure my portion of the investment since I will be paying half of the mortgage?
Asked on 4/13/10, 2:25 pm
1 Answer from Attorneys
You need to be sure your name is on the title to the home. If not, then have your boyfriend deed 1/2 interest to you in the home, now. If not, then, no, you're not protected and you're paying for someone else's house.
Answered on 4/18/10, 2:35 pm
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