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Updated over 5 years ago on . Most recent reply

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Kiveon Crawford
  • Flipper/Rehabber
  • Herrin, IL
0
Votes |
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If exHusband has a house,how could he sign house to exwife

Kiveon Crawford
  • Flipper/Rehabber
  • Herrin, IL
Posted

What if the exHusband own the home but no longer live there but ex-wife & kids stay there. The ex husband willing to sign mortgage over to the ex wife so he won’t have to pay for it anymore. However want he to want to move on with his new family & buy another home. How can I help them any pointer.

My Strategy was to figure out

A. How can the exHusband sign the lease over ex-wife no fee or money but she is willing to pay if she has too. (Wholesaler or seller financing)

B. How can I help the ex-husband get a new home. All In one.

Most Popular Reply

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Bob B.
  • Investor
  • Jasper GA
1,492
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Bob B.
  • Investor
  • Jasper GA
Replied

He can not sign over the mortgage. He will still be on the mortgage but can sign over his interest in the title. It might effect his ability to borrow money because of DTI.

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