What is the name of your state (only U.S. law)? Washington
We moved from California to Washington about 4 years ago and purchased a hoe in my mother-inlaw's name. We could not do it because we we currently in BK chapter 13. We have been paying the mortgage since day one and paid partial closing costs. The down payment was a gift to my wife. Now we want to lower the interest rate by refinancing in our name. we are in the process of filing a quit deed to put the property in our name. I called Wells Fargo and they said we have to wait 5 months after the fact. Why do we have to wait if we have been making payments for 4 years? is this correct?
thank you in advance!
We moved from California to Washington about 4 years ago and purchased a hoe in my mother-inlaw's name. We could not do it because we we currently in BK chapter 13. We have been paying the mortgage since day one and paid partial closing costs. The down payment was a gift to my wife. Now we want to lower the interest rate by refinancing in our name. we are in the process of filing a quit deed to put the property in our name. I called Wells Fargo and they said we have to wait 5 months after the fact. Why do we have to wait if we have been making payments for 4 years? is this correct?
thank you in advance!