QUESTION
How does he go about refinancing (giving me the equity) when my name is on the house?
Asked on Nov 17th, 2013 on Divorce - Indiana
More details to this question:
We live in Indiana. I am divorcing my husband. I am keeping the equity from the house and he is keeping the house. He will be financing based upon his own income, not any of mine. I want no more interest in the property once I receive the equity. Can this be done before we are divorced? If so, how do I remove (sign off) my name from the property? Thank you.
1 ANSWER
Criminal and General Civil Litigation Attorney serving Warsaw, IN
Partner at
Rockhill Pinnick LLP
3 Awards
When the house is refinanced with a loan payable to him only, the bank will want a quitclaim deed from you. At that time, the deed will be in his name only and the loan will be in his name only.
Answered on Nov 20th, 2013 at 8:33 PM