I Have a House that My Husband Recieved in the Divorce, and now it is his BUT...

I have house that my Husband recieved in the Divorce, and now it is his BUT the house is all in my name only. He has been asking off and on to put the deed in his name. I said you need to refi first and then I well, he claims that he can't refi with out me signing it over first. I am not wanting to sign for fear that when I do he sticks me with the loan still in my name. If he splits I am stuck I have seen it with someone else with a car.... Is there a way to make it good and make sure the refi is going through before I sign. Thanks

I wouldn't sign anything unless through escrow.  Explain to the escrow officer what you are doing and they will provide instructions for you to sign to indicate that it is not to be recorded untill you receive payment.  Doing it through escrow should be okay.  Escrow is different in each state, check with a professional in your area.

That is good advice.  In addtion to that, who ever he or yourself chooses to handle the refinance make sure that all parties are informed. 

 

Voyage Home Loans

Mike Kim

I have done many divorce refi/transfers. Deed is signed at closing. You don't need to do anything upfront. As long as your ex qualifies on his own for the refinance, you can sign over the house and no longer be obligated on the mortgage. These transactions are not difficult.