A title examination is performed prior to the granting of a mortgage:
1. To confirm the fee owner(s) of the property.
2. To ascertain if there are any prior liens.
3. To determine if the...
Yes! All you have to do is go to the registry of deeds (or your area's equivalent) or a title company with your wife, and do what's called a "quit-claim deed" to get yourself added to the title. It...
No. When you mortgage a property you are signing your interest over to the bank as collateral for the loan. You can't do that if you don't own the property.
No. Any professional, knowledgable lender will require that all owners sign the mortgage so that in the event of a default it can take possession of the property by foreclosure. If only one of two...
You are obligated for paying the loan if you signed the mortgage. If your name was added to the title after the mortgage was granted then you received your interest subject to the mortgage. If it...