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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Need to get 100% ownership first.. Posted by Ward-CA- on February 02, 2002 at 8:31 AM In Reply to: Title Holder but not a Mortgsge Holder posted by Heather A. Lyttle on January 24, 2002 at 9:13 AM : I am currently title holder on a house that is in foreclosure. The co-title holder is the only name on the note. He has also filed Ch 7. I would like to keep the house, but have found out that I must refinance instead of repurchase because I am a title holder. What is the best way of going about this, especially since I have a foreclosure on my credit report but no mortgage loan reporting? ================ Well, if you are going to do either (refinance or purchase) you will have to get 100% of the title in your name. That means getting the other party on title to deed you their property interest. If you do that while he is in bankruptcy you will have to get the Court's approval. Thereafter it becomes a search of possible lenders. You might well use the services of a diligent loan broker. Good Luck Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I am currently title holder on a house that is in foreclosure. The co-title holder is the only name on the note. He has also filed Ch 7. I would like to keep the house, but have found out that I must refinance instead of repurchase because I am a title holder. What is the best way of going about this, especially since I have a foreclosure on my credit report but no mortgage loan reporting? : ================ : Well, if you are going to do either (refinance or purchase) you will have to get 100% of the title in your name. That means getting the other party on title to deed you their property interest. : If you do that while he is in bankruptcy you will have to get the Court's approval. : Thereafter it becomes a search of possible lenders. You might well use the services of a diligent loan broker. : Good Luck Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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