What is the name of your state?What is the name of your state?What is the name of your state? California
My brother wants me to buy him out of his interest in a home I am living in (both he and I are on title as is another sibling), I am currently in the process of refinancing the home to give him what he is asking (I paid off the home in 90's). The mortgage company is working with the title company to get out the proper documentation for him to sign off title when he gets his $$. What do I need to do to ensure that all the documentation is in order? (I want to be certain that once he signs and gets his $$, he and his family have no legal ties to the house). Also, the other sibling wants to retain interest in the house and will sign as a non-obligator with regards to the loan. What if she decides, at the last minute, not to sign anything?
Thanks.
My brother wants me to buy him out of his interest in a home I am living in (both he and I are on title as is another sibling), I am currently in the process of refinancing the home to give him what he is asking (I paid off the home in 90's). The mortgage company is working with the title company to get out the proper documentation for him to sign off title when he gets his $$. What do I need to do to ensure that all the documentation is in order? (I want to be certain that once he signs and gets his $$, he and his family have no legal ties to the house). Also, the other sibling wants to retain interest in the house and will sign as a non-obligator with regards to the loan. What if she decides, at the last minute, not to sign anything?
Thanks.
