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  #1  
Old 12-02-2005, 04:16 PM
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Adding someone to mortgage

What is the name of your state?What is the name of your state? Georgia

My partner and I just purchased a home, however, the mortgage is in my name due to his having some credit issues (some collection accounts (approx. $800 owed total, and one judgement for approx. $1,500.) Washington Mutual currently has the mortgage. When I contacted them regading having my partner put on the mortgage (being liable for the loan with me) they said it would not be a problem, they would send me the papers to do this. They told me that a credit check would not be done on him, they just needed his info (S.S#) and told me that the mortgage would then be reported on his credit also. If we were to do this, with his having the issues on his credit, could the collectors place a lien on the house. And if so, what would this mean. We are in the process of saving the money to pay off his credit isssues, it just will take some time - the new house left us cash poor for the moment.

Thanks

Larry
  #2  
Old 12-02-2005, 04:18 PM
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Is he also on the deed?
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  #3  
Old 12-02-2005, 04:22 PM
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We just got the papers to file give up both joint tenantcy with rights of survivorship. Haven't made it to courthouse to file them yet.
  #4  
Old 12-02-2005, 04:57 PM
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Just read what I just posted. What I meant to say was that we had a new deed drawn up to give us joint tenantcy and rights of survivorship. We haven't filed them at the courthouse yet.

Larry
  #5  
Old 12-02-2005, 05:13 PM
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Then yes, his creditors, IF they win a judgement against him, can come after his portion of ownership in the home through a lien.
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  #6  
Old 12-02-2005, 06:07 PM
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Quote:
Originally Posted by lwhead
Just read what I just posted. What I meant to say was that we had a new deed drawn up to give us joint tenantcy and rights of survivorship. We haven't filed them at the courthouse yet.

Larry

**A: who is currently named on the deed?
  #7  
Old 12-02-2005, 06:29 PM
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Quote:
Originally Posted by HomeGuru
**A: who is currently named on the deed?
They both are but it's not been filed yet.
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  #8  
Old 12-03-2005, 02:17 AM
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Quote:
Originally Posted by BelizeBreeze
They both are but it's not been filed yet.

**A: no, the CURRENT deed, not the unfiled one.
  #9  
Old 12-03-2005, 08:51 AM
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Quote:
Originally Posted by HomeGuru
**A: no, the CURRENT deed, not the unfiled one.
ahhhhhhhhhhhhhhhhhhhhhh
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  #10  
Old 12-04-2005, 11:03 AM
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where did the writer go?
  #11  
Old 12-04-2005, 11:04 AM
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Quote:
Originally Posted by HomeGuru
where did the writer go?
To go buy whiteout maybe?
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  #12  
Old 12-04-2005, 11:07 AM
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Quote:
Originally Posted by BelizeBreeze
To go buy whiteout maybe?

**A: why, a magic marker works just fine.
  #13  
Old 12-04-2005, 11:07 AM
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Quote:
Originally Posted by HomeGuru
**A: why, a magic marker works just fine.
Michae Nesmith needs the money.
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  #14  
Old 12-04-2005, 11:22 AM
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Quote:
Originally Posted by BelizeBreeze
Michae Nesmith needs the money.

**A: is he related to King Kong?
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