We are three partners to buy a house. One is having a loan, the other one has OUR money on his account under his name. As someone who is not eligible for a loan, can i still appear on the title before the escrow ends?

excon

Hello a:

Although you won't be on the NOTE, your name should be on the purchase and sale agreement, the mortgage and the deed. If the closing documents DON'T include your name NOW, and you close that way, you have NO proof that you own ANYTHING.

If you want your interests protected, hire a real estate attorney. If you hurry, maybe you're not too late.

excon

Fr_Chuck

If you are using someone else to buy a home for you becausweyou can't get credit, please remember this is considered loan fraud.

If you are one of the buyers this should be up front on all of the closing documents and you need to be listed as one of the buyers. The loan company will have to be aware you are on the deed.

Next why does someone have "YOUR" money in thier bank account, I would hope you are not letting them use your money to act like they have down payment money when they don't.

And of course unless you have some legal papers showing this money to them, they could just keep it and you get nothing