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Updated almost 7 years ago on . Most recent reply
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Getting my daughter off of my sons title
When my son wanted to buy a house he didn't have good enough credit so my daughter had to put her name on the title as well because she had better credit. Now several years later my son wants his house back and my daughter wants to buy her own house but can't because her credit is tied up in this house. My son can't refinance because he is not working. Is there a way to get my daughter off the title so she can be free of this house? We are in Hillsboro, Oregon
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Your son needs to refi. Its probably not being on the title to the house that's the issue. Its being on the loan. The only way to get her off the loan is to refi. Your son needs to get a job and qualify for the loan on his own. If that's not possible, sell the house and pay off the loan that way.