any lawyers or realitors

[soonerborn]

My ex girlfriend wants to get her name off the house and they say i have to refinance to do it. with all my bills i dont have 7 grand just sitting around. is there a way to get her off the note and mortgage without spending a ton of money. she said she can take me to court to buy me out as well is that true and would she be able to receive or keep any of that money. she's never paid a penny for the house, so i dont feel she needs it. she wanted to be on the note so i think she can pay to get off of it. Any ideas?

[arod636]

Do you want to get her off the loan or the title. those are two different things. To get her off the loan you need to show that you have been paying the house note for the past year. Then you would simply refinance it in your name only. To get her off title you just sign a quick claim deed. I might be mistaken on the name of the form but its a simple signature on a form. that doesn't cost anything. I used to take my client's wives off title all the time. They sign it and you get it notarized and your done. The title company handles the rest of it. Hope this helps

[soonerborn]

ya i need to get her off all the way. i bought the house close to a year ago, its just a lot of money for nothing in return really. my rate stays about the same and my payments go down a few dollars. she is on both and i was wondering if there was a cheaper way, but i think im stuck spending more money.

[fishin'guy]

You had it right, my wife and I just went thru it--Qiuck deed claim, jus sign it over.

[arod636]

Call the bank you have an ask the account manager if there is any way of getting her off the loan. I am sure they can modify. As long as your income can cover the expenses of the home then you should be fine.

[soonerborn]

if i get her to sign it over she is still liable for the loan though. she thinks im gonna default on my loan to ruin her credit and kick my ass out on the street. I have talked to my mortgage company and they said i would have to refinance to get her totally off. i was just wanting to make sure that there wasnt another way to do it with out paying so much.

[fishin'guy]

sooner, do you go to church? we found a money gal (was actually a mortgage gal) see if there is any mortgage peopls in the congregation, surely that would be the most honest and reliable way to go.

[babyccc]

You had it right, my wife and I just went thru it--Qiuck deed claim, jus sign it over.

are you reading what these guys are saying? dude, refinance and sign a paper!!!!!!!!! why you keep talking about ALL this money to get her off? its simple. i did it w/ a car. they check my finances, i sign and she sign. i didn't even have to refinance. i just kept paying. NO MONEY!!!!!!!!!!

GOT IT????:thinking:

[arod636]

I did loan fors 5 years man. I still have the resources to do loans. I can handle it for you if you want. Just let me know.

[soonerborn]

i have a guy doing it already and babycc i dont know if you have every bought a house but its a little bit more than a signature when your talking about 150 grand instead of 20 or 30 grand for a car. i wish it was that easy, but its not

[arod636]

No worries. I seen you were in Ok anyways I'm in cali so I couldn't do it anyways. Its actually the same as a car. A refinance is a refinance the only that changes is the amount. For a house worth 150k or if thats your loan amount then you should only be charged about 3k at the most. You should just be paying title and escrow fees. So i don't know where you got 7 thousand from. Plus if the house has equity they would take the money from your equity and not out of your pocket. You have the option of paying out of pocket as to not touch your equity. You can simply refinance with your same bank again as they do not charge you any fees to do so. If the broker you are going through is charging you fees then they are ripping you off. With the way the economy and the market is now there should be no reason for them to be charging you so much. It really is just a simple refinance to get her off. Don't get all stressed out over it. Plus if shes your ex then I am sure you don't want to put up with her bullshit if you don't have to right

[theprofessor]

breaking up sucks.. at least it's not a divorce - that is a real headache

[Sue Pendleton]

No worries. I seen you were in Ok anyways I'm in cali so I couldn't do it anyways. Its actually the same as a car. A refinance is a refinance the only that changes is the amount. For a house worth 150k or if thats your loan amount then you should only be charged about 3k at the most. You should just be paying title and escrow fees. So i don't know where you got 7 thousand from. Plus if the house has equity they would take the money from your equity and not out of your pocket. You have the option of paying out of pocket as to not touch your equity. You can simply refinance with your same bank again as they do not charge you any fees to do so. If the broker you are going through is charging you fees then they are ripping you off. With the way the economy and the market is now there should be no reason for them to be charging you so much. It really is just a simple refinance to get her off. Don't get all stressed out over it. Plus if shes your ex then I am sure you don't want to put up with her bullshit if you don't have to right

Umm, arod? States are different on this kind of stuff. Maryland makes tons of bucks off housing fees. We talked about putting me on the title not the loan of this place while I was still in rehab and that required me to be there and sign everything. I could barely draw an X at the time. Later it would have required a refinance for just the title. I had a GI loan on our old townhouse we still had rented out. When I finally refinanced this one after selling the old place (was never going to move back into a 3 story townhouse) then my name went on everything and we paid, again, all the fees and taxes including housing inspection, more escrow, state this, that and courier fees. Courier? The place is 3 blocks away for $150?

Here a $150K house runs about $4500 in financing fees not counting realtor commissions or points. Oh, and if you pay points up front at closing--tax deductible. If you finance, not tax deductible. :mad:

If there's a legal aide place out your way ask if her income was not figured in the loan if she can be removed a bit more cheaply? If it's a VA loan or a state program type loan you may have a way out of a few fees but not much if it's like Maryland.