Scarlett Posted May 24, 2017 Share Posted May 24, 2017 That is all. I might do a poll if I can figure it out. Quote Link to comment Share on other sites More sharing options...
DawnM Posted May 24, 2017 Share Posted May 24, 2017 Both. I signed all 988 pages of the loan application, so my name better be on there! 13 Quote Link to comment Share on other sites More sharing options...
Um_2_4 Posted May 24, 2017 Share Posted May 24, 2017 In a living trust that names both of us as executors. So I put Other. 2 Quote Link to comment Share on other sites More sharing options...
HTRMom Posted May 24, 2017 Share Posted May 24, 2017 Yes. Sent from my iPhone using Tapatalk Quote Link to comment Share on other sites More sharing options...
Serenade Posted May 24, 2017 Share Posted May 24, 2017 (edited) Yes, the house and every major thing we've bought since our marriage is in both of our names. Although when we got married, I moved into DH's house and lived there for 16 years. We never bothered to put my name on it because we didn't want to waste the money on that process. Edited May 24, 2017 by Serenade 2 Quote Link to comment Share on other sites More sharing options...
Night Elf Posted May 24, 2017 Share Posted May 24, 2017 I wouldn't feel comfortable if we both weren't on there. 6 Quote Link to comment Share on other sites More sharing options...
Crimson Wife Posted May 24, 2017 Share Posted May 24, 2017 We live in a community property state anyways, but yes. 1 Quote Link to comment Share on other sites More sharing options...
Happy Posted May 24, 2017 Share Posted May 24, 2017 It's in both of our names as is the second home we just bought for our adult kid to rent from us. When we purchased this home 17 years ago, I was a homeschool mom--having the house-deed and mortgage-in both our names helped me have some credit history later on. Plus there is no doubt who owns the home if something happens to one of us. Quote Link to comment Share on other sites More sharing options...
SKL Posted May 24, 2017 Share Posted May 24, 2017 Other. I bought the house jointly with two friends, decades ago. The three of us are on the house. Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 24, 2017 Author Share Posted May 24, 2017 We live in a community property state anyways, but yes. So if you had a house pre-marriage your current spouse would have an interest in it? Quote Link to comment Share on other sites More sharing options...
ikslo Posted May 24, 2017 Share Posted May 24, 2017 House is in both our names. But my car is all mine. :coolgleamA: 1 Quote Link to comment Share on other sites More sharing options...
Butter Posted May 24, 2017 Share Posted May 24, 2017 Our current house, both. He was the only one on our first house because he bought it before we got married. We kept meaning to put me on it, but never did before we sold it. 1 Quote Link to comment Share on other sites More sharing options...
PrincessMommy Posted May 24, 2017 Share Posted May 24, 2017 both Quote Link to comment Share on other sites More sharing options...
Selkie Posted May 24, 2017 Share Posted May 24, 2017 Our house and everything else we own is in both our names. 1 Quote Link to comment Share on other sites More sharing options...
Julie Smith Posted May 24, 2017 Share Posted May 24, 2017 We do own a second house in another province, which we rent out, at cost to some family members. I am not on the deed to that house. But, all going according to plan, and it has for the last several years, those family members will buy the house from us for the amount we paid for the down payment. One thing that surprised me, at the time Dh was buying the house, I didn't have to sign anything, or do anything. He could have used our current savings and house, to just buy a second house and not tell me. (He of course did, and it was something we discussed together before hand) Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 24, 2017 Author Share Posted May 24, 2017 We do own a second house in another province, which we rent out, at cost to some family members. I am not on the deed to that house. But, all going according to plan, and it has for the last several years, those family members will buy the house from us for the amount we paid for the down payment. One thing that surprised me, at the time Dh was buying the house, I didn't have to sign anything, or do anything. He could have used our current savings and house, to just buy a second house and not tell me. (He of course did, and it was something we discussed together before hand) In many states it is one to buy two to sell. Even if your name is not on the deed you have to sign when he sells. I experienced that in the last house I had....I didn't even know dh when I bought it. When we sold it after we married he had to sign off on it. Quote Link to comment Share on other sites More sharing options...
Wheres Toto Posted May 24, 2017 Share Posted May 24, 2017 No, because dh had it before we got married. I'm also in a community property state though. I'm not on the mortgage either. Quote Link to comment Share on other sites More sharing options...
zoobie Posted May 24, 2017 Share Posted May 24, 2017 So if you had a house pre-marriage your current spouse would have an interest in it? Not if you paid for the house in full before the marriage. If you have been paying the mortgage using marital funds, the spouse would acquire an interest relative to the amount paid during the marriage. Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 24, 2017 Author Share Posted May 24, 2017 Not if you paid for the house in full before the marriage. If you have been paying the mortgage using marital funds, the spouse would acquire an interest relative to the amount paid during the marriage. Interesting. What if you had the house paid for in full before the marriage and took out a small loan for improvements? Quote Link to comment Share on other sites More sharing options...
zoobie Posted May 24, 2017 Share Posted May 24, 2017 (edited) Interesting. What if you had the house paid for in full before the marriage and took out a small loan for improvements? This is going off long ago theoretical family law from law school, but I would guess the loan would create a marital property interest you repaid it with marital funds. You would have to use separate property funds (savings pre-marriage or inheritances) to pay the loan to keep the house wholly separate. (Obviously not actual legal advice! Just hypothetical chatting on the interwebs. :) ) Edited May 24, 2017 by zoobie Quote Link to comment Share on other sites More sharing options...
UncleEJ Posted May 24, 2017 Share Posted May 24, 2017 In many states it is one to buy two to sell. Even if your name is not on the deed you have to sign when he sells. I experienced that in the last house I had....I didn't even know dh when I bought it. When we sold it after we married he had to sign off on it. Yes, to this. DH bought his first house before we were married, but I had to sign when we sold it after we were married. Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 24, 2017 Author Share Posted May 24, 2017 This is going off long ago theoretical family law from law school, but I would guess the loan would create a marital property interest you repaid it with marital funds. You would have to use separate property funds (savings pre-marriage or inheritances) to pay the loan to keep the house wholly separate. (Obviously not actual legal advice! Just hypothetical chatting on the interwebs. :) ) Yes. That is what I am thinking. Quote Link to comment Share on other sites More sharing options...
AmandaVT Posted May 24, 2017 Share Posted May 24, 2017 I had crappy credit when we originally bought this house in 2006, so it was just in his name, otherwise, we wouldn't have qualified for a mortgage. My credit problems were from college and I had worked hard to bring my score back up, so when we refinanced in 2012, we were able to put it in both of our names. Cars are in both because it didn't occur to us to do otherwise. His student loan debt is all his though. :-) Quote Link to comment Share on other sites More sharing options...
Audrey Posted May 24, 2017 Share Posted May 24, 2017 No. The farm is a 5th generation (so far) family farm and is in his name only. Quote Link to comment Share on other sites More sharing options...
shawthorne44 Posted May 24, 2017 Share Posted May 24, 2017 Our home is in his just because it was easier that way. We paid cash and that way I didn't have to go to the closing. The rental house that had been mine before marriage is still in my name only. Quote Link to comment Share on other sites More sharing options...
luuknam Posted May 24, 2017 Share Posted May 24, 2017 So, we rent, but I voted "my spouse and myself" because that's how it was when we owned. It's also how the rent thing is, fwiw. Quote Link to comment Share on other sites More sharing options...
Laura Corin Posted May 24, 2017 Share Posted May 24, 2017 Both, on this house and on the flat we rent out. Quote Link to comment Share on other sites More sharing options...
Catwoman Posted May 24, 2017 Share Posted May 24, 2017 Both of our names are on two of our houses, but the third one is in my name only because I have had it forever and just never got around to putting another name on the deed. I have always planned to give that house to ds17 when he gets a little older anyway, so there's no real need to bother putting dh's name on it. Quote Link to comment Share on other sites More sharing options...
TravelingChris Posted May 24, 2017 Share Posted May 24, 2017 Both of us are own our house but we do have a mortgage which we are also both liable. Both dh's and my car are in both names but what is strange is that dh's car has my name first but my car has his name first. I think that dh and I are also on dd's car and she isn't yet/ We bought the car for her when she was 16. Quote Link to comment Share on other sites More sharing options...
Myra Posted May 24, 2017 Share Posted May 24, 2017 In a living trust that names both of us as executors. So I put Other. Would you mind telling more about advantages/disadvantages to living trust for your home... Quote Link to comment Share on other sites More sharing options...
Amy in NH Posted May 24, 2017 Share Posted May 24, 2017 His name is on the mortgage. We couldn't qualify with me on the loan because he has all the income and I have all the student loan debt. Even with an income based repayment plan with $0 payments, the mortgage company included what the full monthly payment would be if it wasn't in an ibrp. So he applied without me and got the loan. But my name is on all the other legal paperwork (deed, etc.). Quote Link to comment Share on other sites More sharing options...
MaryMak07 Posted May 24, 2017 Share Posted May 24, 2017 Only hubby is on the mortgage. Both names are on the deed. 2 Quote Link to comment Share on other sites More sharing options...
Melissa in Australia Posted May 24, 2017 Share Posted May 24, 2017 Spouse only he owned property before we met. We own other properties. Some are in my name only, Quote Link to comment Share on other sites More sharing options...
StephanieZ Posted May 24, 2017 Share Posted May 24, 2017 So if you had a house pre-marriage your current spouse would have an interest in it? Generally, yes, I believe, especially if you'd merged your finances in general. I think in general, either the house would totally become community property after some time, or the original owner might have *more* interest in it, but, for sure, the growth in value during the marriage would be community property unless there was a prenup that prevented that. (I'm not a lawyer.) Quote Link to comment Share on other sites More sharing options...
Guest Posted May 24, 2017 Share Posted May 24, 2017 Nearly 200 votes and I'm the first one to vote "I rent"??? Hmph! Quote Link to comment Share on other sites More sharing options...
Mergath Posted May 24, 2017 Share Posted May 24, 2017 (edited) Nearly 200 votes and I'm the first one to vote "I rent"??? Hmph! I'm guessing most of the renters didn't bother opening this thread as it doesn't really apply. I don't think that's the actual ratio of owners to renters here. ;) Edited May 24, 2017 by Mergath 2 Quote Link to comment Share on other sites More sharing options...
Guest Posted May 24, 2017 Share Posted May 24, 2017 I'm guessing most of the renters didn't bother opening this thread as it doesn't really apply. I don't think that's the actual ratio of owners to renters here. ;) Apparently the other renters aren't as nosey as I am. 😜 Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 24, 2017 Author Share Posted May 24, 2017 Nearly 200 votes and I'm the first one to vote "I rent"??? Hmph! It wasn't an attempt to isolate renters! I just wanted a place for everyone to land. I probably need to add Dh to the deed. I definitely would want him to have the house if I died. Quote Link to comment Share on other sites More sharing options...
MotherGoose Posted May 24, 2017 Share Posted May 24, 2017 But the mortgage is only in his name! :) Quote Link to comment Share on other sites More sharing options...
slackermom Posted May 24, 2017 Share Posted May 24, 2017 I am on the deed, but not the mortgage. Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 24, 2017 Author Share Posted May 24, 2017 (edited) I don't think there is any way I will add him to the deed while there is a HELOC open. The goal is five years to pay off HELOC. I think i need a will though. Edited May 25, 2017 by Scarlett 1 Quote Link to comment Share on other sites More sharing options...
Anne Posted May 25, 2017 Share Posted May 25, 2017 You each have children, but not jointly - please make a will!! Both of you need wills to protect yourselves and your children and to reduce drama in the event of a death. Please make a will!! Anne 1 Quote Link to comment Share on other sites More sharing options...
Danestress Posted May 25, 2017 Share Posted May 25, 2017 Ironically, both the vehicles are in my name only. The reason for that is all practical. The BMV is only open during his work hours, so I just go do it rather than us trying to take forever figuring out how to get him there. Find the time. I have heard from multiple friends that the process of transferring a title from one name to two is so much easier than transferring it from one to another after a death. I have both cars in my name too, and we are going to take care of this soon. I don't want him to have that headache when he will have many other things to deal with should I die. 2 Quote Link to comment Share on other sites More sharing options...
Tangerine Posted May 25, 2017 Share Posted May 25, 2017 Hey. Fun story! When buying my first house with my husband, the lawyer asked to speak with my husband alone at the closing (I either wasn't there yet or didn't notice) and asked him if he was sure he wanted to put my name on everything. Because that makes things more complicated...down the road. We are in the process of buying again. We are not using that gentleman this time around. 1 Quote Link to comment Share on other sites More sharing options...
AimeeM Posted May 25, 2017 Share Posted May 25, 2017 I'm on the deed, but not the mortgage. Quote Link to comment Share on other sites More sharing options...
Caclcoca Posted May 25, 2017 Share Posted May 25, 2017 I am also on the deed, but I am not on the mortgage. Quote Link to comment Share on other sites More sharing options...
Rachel Posted May 25, 2017 Share Posted May 25, 2017 I don't think there is any way I will add him to the deed while there is a HELOC open. The goal is five years to pay off HELOC. I think i need a will though. Yes make a will! Quote Link to comment Share on other sites More sharing options...
PinkyandtheBrains. Posted May 25, 2017 Share Posted May 25, 2017 Our house was in my husband's name only. We don't have it anymore but it really bothered me I wasn't on it too. Quote Link to comment Share on other sites More sharing options...
Scarlett Posted May 25, 2017 Author Share Posted May 25, 2017 Our house was in my husband's name only. We don't have it anymore but it really bothered me I wasn't on it too. Hmm. I hope it doesn't bug Dh that way. Quote Link to comment Share on other sites More sharing options...
Liz CA Posted May 25, 2017 Share Posted May 25, 2017 In a common property law state, it does not make an iota of difference. Otherwise, it would likely cause issues if one spouse passed away. All our houses were in both names. Quote Link to comment Share on other sites More sharing options...
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