Do you have to remove a dead spouse from a house deed?
Answers: You don't have to, but it is always a good idea. Take a certifed copy of the death certificate to whoever handles your deed. It will be one less thing that will need to be done later.
The answer to your question depends upon how you and your deceased spouse held title.
If you held it as joint tenants with rights of survivorship, or tenants by the entirities, then all of the house became yours when your spouse died and bypassed probate by operation of law. It is not necessary to file a new deed with your name only on it, but if you do not, be prepared to show the death certificate of your deceased spouse whenever you decide to sell it.
If you held title as tenants in common, then your deceased spouse's estate must determine, through probate, the heir which shall receive this share of the house. If it is not you, then a new deed would need to be drawn up showing you and the other person.
Matt K has it right. Read you deed to see how you hold title. Then consult an attorney.
Sachs year 2008 monetary report and Mortgage rate?
Sachs in its year 2008 financial report said Fed may cut the interest rate up to 2.75%, how do I translate this to % of reduction within Mortgage rate. Currently prime rate is ~4.00% and 30 fixed mortgage is ~5.25%. when this fed 2.75% rate cut lug effect how much will be the 30 year fixed mortgage and when we can see the lowest mortgage rate?Answers: Probably go down by 2 percent if the feed cuts 2.75. They always enjoy to make a shade over the cut to stay surrounded by business.
Anyone own any experience dealing next to these mortgage companies . .?
aimloan.com and absolute mortgage company? Positive or distrustful comments would be appreciated.Answers: If any are willing to donate you the LOWEST rate with no lender fees and put it adjectives on paper, next you have your answer.
Yes. The best I enjoy found is http://www.MyMortgageSaver.com
You fill out the form on their website and an experienced mortgage broker from your nouns will contact you.
The brokers affiliated with their site are chosen because they enjoy the lowest rates.
Good Luck,
Jon