Difference b/w having Investment home title on 1.Wife & husband name Vs. 2.Just
My husband brought an investment property in Texas and told me that he was putting both our names on the title. We live in a different state. He asked me NOT to come to closing and asked me to sign a notarized power of attorney so that he can sign on my behalf at the closing. The POA he took appointed him as my agent to deal with all the transactions regarding that house.
I later realized that the title doesn’t have my name. I am trying to understand what he accomplished with this process. Can please explain the difference between the below three scenarios
1. The Texas investment property has both our names on the title.
2. The Texas investment property is just on my husband's name.
3. The Texas investment property is just on my husband's name, and he got a POA signed and notarized from me that appoints him as my agent to deal with all the transactions.