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04-15-2008, 05:11 PM
| | Junior Member | | Join Date: Apr 2008
Posts: 3
| | | Refi to remove ex's name and add joint tenant... What is the name of your state? MA
I have been divorced about two years. I am in the process of refinancing to remove my ex's name from the mortgage and add my boyfriend's name. We have applied jointly so both of our names will be on the new mortgage.
My question is about the deed. My ex's lawyer said that we should do two deeds. One for my ex to sign the property over to me alone and then one for me and my boyfriend to sign so that we are both listed on the deed. Is this correct? I realize the issues we could have if I am the only one on the deed, since we are co-borrowers, so this makes sense, I just wanted a second opinion.
And are there any other major differences between being tenants is common and joint tenants w/right of survivorship besides equal and unequal shares? It's confusing to me.
Any other major issues we could encounter that I should be ready for?
Thank you! | 
04-15-2008, 05:36 PM
| | Senior Member | | Join Date: Aug 2005 Location: St. Odo of Cluny Parish
Posts: 27,482
| | | add my boyfriend's name
Bad idea. We have applied jointly so both of our names will be on the new mortgage.
Worse idea.
If you insist on doing this, then follow the requirements of the lender and the title company.
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04-16-2008, 09:50 AM
| | Junior Member | | Join Date: Apr 2008
Posts: 3
| | Wow, thanks for that very helpful advice!  | 
04-16-2008, 09:54 AM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 10,871
| | Quote:
Originally Posted by SFriend253 Wow, thanks for that very helpful advice!  | Read some of the threads regarding joint ownership of homes in a non-married situation. You were given good advice...it is a horrible idea to give a boyfriend ownership of your home.
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It almost never fails: OP asks for advice, gets the unvarnished truth from Ohiogal, OP gets in a snit and claims all the trouble has suddenly disappeared and the sun is shining once again.
This is a scientific phenomenon, and it should be called The OG Factor.
| ~CLT747~
| 
04-16-2008, 10:15 AM
| | Junior Member | | Join Date: Apr 2008
Posts: 3
| | | I am aware of the potential risks and problems/issues in joint ownership of property while unmarried. If I wanted advice on that I would have posted such.
Thanks for the info on the joint ownership/unmarried section. I will check it out. | 
04-16-2008, 10:21 AM
| | Senior Member | | Join Date: Jan 2005
Posts: 13,356
| | Quote:
Originally Posted by SFriend253 I am aware of the potential risks and problems/issues in joint ownership of property while unmarried. If I wanted advice on that I would have posted such. | Obviously, you are not aware. Enjoy your new BF
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* The information I gave is based on my 7 seconds of research on Google. Review the information yourself to make an informed decision. Also, the information I posted may no longer be accurate.
Communication is KEY - 10 mins of talking now can save you months of headaches later!
Masterfully stating the obvious to the oblivious! (Thanks SP!)
Tell it like it is! | 
04-16-2008, 10:30 AM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 10,871
| | Quote:
Originally Posted by Zigner Obviously, you are not aware. Enjoy your new BF | How long do you give it before OP is back wanting to know how to get him off the deed?? 6 mo? A year??
__________________ Quote:
It almost never fails: OP asks for advice, gets the unvarnished truth from Ohiogal, OP gets in a snit and claims all the trouble has suddenly disappeared and the sun is shining once again.
This is a scientific phenomenon, and it should be called The OG Factor.
| ~CLT747~
| 
04-16-2008, 10:38 AM
| | Senior Member | | Join Date: Jan 2005
Posts: 13,356
| | Quote:
Originally Posted by baystategirl How long do you give it before OP is back wanting to know how to get him off the deed?? 6 mo? A year?? | Awww, but they're in L-O-V-E!
__________________ *
* The information I gave is based on my 7 seconds of research on Google. Review the information yourself to make an informed decision. Also, the information I posted may no longer be accurate.
Communication is KEY - 10 mins of talking now can save you months of headaches later!
Masterfully stating the obvious to the oblivious! (Thanks SP!)
Tell it like it is! | |
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