Wise Old Owl
Retired WS Staff & Founding member of AFKBPOFPOPL
- Joined
- Jul 27, 2008
- Messages
- 13,866
- Reaction score
- 2,320
but then why is george ON the mortgage documents? He has a judgment against him (recent) 7/07 for $12k from citibank so he obviously doesn't have stellar credit - but when my hubby and I have bought houses (and mortgages) we BOTH have had to been on the deed (property appraisers) and on the mortgage docs.There could be ALL kinds of reasons why only one person's name is listed as owner, maybe one spouse has bad credit and a tendency to run up CC bills so its to protect the home in case of new debts, maybe the primary breadwinner isn't willing to legally give over 50% of the property because they're paying most of the mortgage/downpayment, maybe the other spouse had bed credit and couldn't be listed in getting a loan...