Nov 09
25

Can I be on the deed and not the mortgage for tax purposes?

Posted by taxliens

We live in Mi. My husband and I are unable to get a mortgage on our own and my dad is putting a house in his name as an investment property but we would be making the payments through him. Could we put my name on the deed but not the mortgage so that we wouldn’t have to pay non-homestead taxes?
We will not be able to qualify for any mortgage.

Get Your Free Tax Lien/Deed Course - Click Here

Related Posts

Post Title: Can I be on the deed and not the mortgage for tax purposes?
Author: taxliens
Posted: 25th November 2009
Filed As: Tax Deed
Tags: , , , , , , , ,
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

« How Can I Get a Clear Title On a Property Purchased With a Sheriff’s Deed without warranty?
How do I get a tax lien off my property? »
One Opinion has been expressed on “Can I be on the deed and not the mortgage for tax purposes?”. What is your opinion?
  1. prwagner3 says:
    November 25, 2009 at 2:07 am

    Not in this day and age. Have you and your husband tried to qualify for an FHA loan? The standards are much lower because the government guarantees the loan. I just got one in May and my interest rate is only 5%.

Leave a Reply




Security Code:

This blog is gravatar enabled. Get yours registered at gravatar.com