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    winniepooh0109's Avatar
    winniepooh0109 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 7, 2010, 02:43 PM
    I own a home and I recently married what do I have to change
    I own a home and I recently married do I have to change the title and taxes in oakland county Michigan
    Just_Another_Lemming's Avatar
    Just_Another_Lemming Posts: 437, Reputation: 211
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    #2

    Jul 7, 2010, 03:58 PM

    You don't have to change anything.

    Is your spouse giving you money toward the house? Just remember if you put him/her on the title they will automatically own half of the home. Are they paying you half the value of the house? Personally no matter how much I loved someone, unless they were willing to put in as much equity as I have, I wouldn't be signing over half the ownership of my home.

    If you choose to place your spouse on the title and you hold a mortgage, you need to change the mortgage debt to extend to both of you as well as the tax debt.

    If you simply want to ensure your spouse will inherit the home if something should happen to you, make out a will and leave them the house.
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #3

    Jul 7, 2010, 04:30 PM

    The short answer to your question is NO, you don't have to.
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