Answer: In order to properly answer your question I must really examine the mortgage and title documents. Assuming the information you have provided is accurate, and assuming there is an acceleration clause in your mortgage in the event you transfer title, he would have to get a new mortgage with the new title holders executing […]
Answer: In order to properly answer your question I must really examine the mortgage and title documents. Assuming the information you have provided is accurate, and assuming there is an acceleration clause in your mortgage in the event you transfer title, he would have to get a new mortgage with the new title holders executing such document. I do not believe there is any simpler way to effectuate the transfer you wish to make. Once again, however, I can not be sure unless I examine the documents directly.
Leonard M. Weiner, Esq./Divorce Solutions