can this be done - Posted by MJS(sjca)


#1

Posted by Mr Donald on November 17, 1998 at 19:49:30:

Add your name? As…? Co-borrower? Or assume the mortgage? Hmmm…I thought Garn-St Germain allows for transfers of property between family members without violating that DOS clause. Don’t know if it applies to the “in-laws”, although you could have you “in-laws” transfer it over to BOTH you and your wife. Then it wouldn’t be a case of “in-laws” but parents to child.


#2

can this be done - Posted by MJS(sjca)

Posted by MJS(sjca) on November 17, 1998 at 11:24:20:

Inlaw owns condo
Wants to give it to me
Can I Add my name on the original mortguage
Refinance after a few (1 - 3)months under my name w/ hers removed so the unit is mine?
San Jose CA.