Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 One borrower two names on house

views
     
Fortezan
post Oct 16 2017, 02:48 PM

Casual
***
Junior Member
474 posts

Joined: Oct 2011
QUOTE(seizer @ Oct 6 2017, 02:53 PM)
Dear all,

I have no experience in so what buying house/property.

As per title is it possible to have joint names on house but I am the one making the loan.

And if it is possible, will my wife (joint name) be able to get 90%-100% loan if she want to buy a house but this time under her name only?
Please advise  icon_question.gif

TQ
*
This topic has been discussed a few times before, it is never a good idea to have joint names on house, people who joint names do so because that's the only way they could afford the loan. Since you can apply the loan on your own, there's no need for joint name. If you want to give assurance to your wife, create a separate agreement or something.
Bear in mind if your house is on joint name and something happened to your wife (touch wood), her half-ownership might fall to her parent or siblings, and you might have a hard time trying to sell in the future
Fortezan
post Oct 20 2017, 09:50 AM

Casual
***
Junior Member
474 posts

Joined: Oct 2011
Interesting read from The Star which reminded me of this questions: http://www.thestar.com.my/opinion/columnis...nd-which-is-at/

 

Change to:
| Lo-Fi Version
0.0155sec    0.55    6 queries    GZIP Disabled
Time is now: 8th December 2025 - 07:47 AM