Jan 9 2024, 09:23 AM
QUOTE(loiwj91 @ Jan 7 2024, 12:39 PM)
Hi Guy's,
Currently i have a property under me and my wife name and the loan will be under my name , for your information we are going to divorce soon hence she would like to transfer the ownership to me however based on my lawer explanation i need to refinance and redo the loan agreement as well which costs another 10 k , is there any other way to prevent refinance process ? as in discuss with bank ?
Thanks in advance.
of course, just use cash settle the loan.Currently i have a property under me and my wife name and the loan will be under my name , for your information we are going to divorce soon hence she would like to transfer the ownership to me however based on my lawer explanation i need to refinance and redo the loan agreement as well which costs another 10 k , is there any other way to prevent refinance process ? as in discuss with bank ?
Thanks in advance.
nobody cares if the previous loan is under whose name, or how u settle the loan whether refinance or cash.
important thing is the existing bank loan must be cleared before ur wife can transfer the property to u.
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