Can 1 out of 2 people take the home equity without the other person consent?
Question : Can 1 out of 2 people take the home equity without the other person consent?
My husband is planning to invest in a commercial homes with his brothers and since he doesn’t have any cash for the down payment, he is planning to take home equity loan to finance the downpayment. My question is, can he sign the papers without my consent? Thanks
The house bought after we got marry, and we were both on the title…also we lived in Canada…thanks
commercial equity loan
Best answer:
Answer by Les C
if you are listed as a co-owner the answer is no. if you are NOT a listed owner, he can.
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Depends on who’s on the title, whether the state is a community property state, and when the house was purchased (before or after the marriage).
—
Kasey C, PC guru since Apple II days
Give me ambiguity or give me something else.