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  • Transfering title without agreement in place

    Hello;

    My wife(ex) wants me to transfer the house title over to her and she buy my half of the house from me. We do not have an agreement in place yet. If I do this without an agreement in place, can this somehow bite me in the butt later? Can she come back stating she cannot afford the mortgage herself and go after spousal support? She is fighting signing an agreement and so I basically want to know if this is wise or un-wise. I want to get this house off my back but not at a greater future cost.

    Any help would be great.

  • #2
    i know that when i did it, the mortgage company would not release the money without s signed separation agreement.

    Comment


    • #3
      Originally posted by pippidee View Post
      Hello;

      My wife(ex) wants me to transfer the house title over to her and she buy my half of the house from me. We do not have an agreement in place yet. If I do this without an agreement in place, can this somehow bite me in the butt later? Can she come back stating she cannot afford the mortgage herself and go after spousal support? She is fighting signing an agreement and so I basically want to know if this is wise or un-wise. I want to get this house off my back but not at a greater future cost.

      Any help would be great.
      I think it's very unwise. If she's fighting signing the agreement, why not use her desire for the house as incentive to get moving on the rest of the issues? Get this one piece out of the way all by itself, and the others will just drag out even longer.

      Has the bank said they'd give her a mortgage on her own? Then she probably can afford it. Spousal support is not based on expenses, but on entitlement.

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      • #4
        I wouldn't do it. My husband did this and yes, it ended up biting him in the ass big time!

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        • #5
          Originally posted by pippidee View Post
          Hello;

          My wife(ex) wants me to transfer the house title over to her and she buy my half of the house from me. We do not have an agreement in place yet. If I do this without an agreement in place, can this somehow bite me in the butt later? Can she come back stating she cannot afford the mortgage herself and go after spousal support? She is fighting signing an agreement and so I basically want to know if this is wise or un-wise. I want to get this house off my back but not at a greater future cost.

          Any help would be great.
          Unwise.

          Very unwise.

          Comment

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