InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: real estate titling question Posted by Lughead on July 10, 2010 at 11:32 PM In Reply to: real estate titling question posted by hard money lender on July 10, 2010 at 9:12 PM 2 comments 1 - ask the question differently (to the title co) ... suggestion ... mr title officer ... since we plan to use you in the future to sell this property, do you have any concerns about insuring title with this deed from my sister to her trust? 2 - your post is just a wee bit confusing to read ... it sounds like initial title was guy, an unmarried man and sister, an unmarried woman as joint tenants then he quit claims ... guy, a married man quit claims to mrs guy aka sister, an umarried woman if this is correct, it seems awkward ... is he still friendly enough to make modifications if need be? : i am helping my sister with her estate documents. : she and her husband bought a house a month before they were married, cuz they happened to find it. it was titled single name, a single man and single name, a single woman. : as part of the divorce settlement, the husband quitclaimed the property to her with the grantee being married name, also known as single name, a married woman as her sole and personal property. : from research, the sole and personal property is only attached to a married person. my sister is unmarried. : she goes only be her married name. but her single name is on both the joint tenancy grant deed and the quitclaim deed. : when preparing the grant deed to place it in the trust, my thought is to use the following as the grantor : married name, also known as single name, an unmarried woman : any thoughts ? when i called the title company, they said they cant give any legal advice. if an attorney told me something differently than above, i think i might have less confidence in him, than myself. : but if any of you guys with experience think differently, and can give me a good reason for it, i am all ears. : thanks !!! Follow Ups: Re: real estate titling question hard money lender 11:52 PM, 07/10/10 (1) Re: real estate titling question Lughead 6:06 AM, 07/11/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : 2 comments : 1 - ask the question differently (to the title co) ... : suggestion ... mr title officer ... since we plan to use you in the future to sell this property, do you have any concerns about insuring title with this deed from my sister to her trust? : 2 - your post is just a wee bit confusing to read ... it sounds like : initial title was : guy, an unmarried man and sister, an unmarried woman as joint tenants : then he quit claims ... : guy, a married man quit claims to mrs guy aka sister, an umarried woman : if this is correct, it seems awkward ... is he still friendly enough to make modifications if need be? : : : i am helping my sister with her estate documents. : : she and her husband bought a house a month before they were married, cuz they happened to find it. it was titled single name, a single man and single name, a single woman. : : as part of the divorce settlement, the husband quitclaimed the property to her with the grantee being married name, also known as single name, a married woman as her sole and personal property. : : from research, the sole and personal property is only attached to a married person. my sister is unmarried. : : she goes only be her married name. but her single name is on both the joint tenancy grant deed and the quitclaim deed. : : when preparing the grant deed to place it in the trust, my thought is to use the following as the grantor : : married name, also known as single name, an unmarried woman : : any thoughts ? when i called the title company, they said they cant give any legal advice. if an attorney told me something differently than above, i think i might have less confidence in him, than myself. : : but if any of you guys with experience think differently, and can give me a good reason for it, i am all ears. : : thanks !!! [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455