Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

Refinancing for Grandmother

  there are 4 people on a deed. Three are next of kin and the other is a relative. If the 3 want to refinance the property to help the grandmother that owns it, do they have to come into agreement with the relative if tha relative does not agree? This is in the state of New York
 
  I think you'll find that mortgage lenders want all owners to sign accepting liability for a loan.
    Edith
Originally published on August 19, 2007
 
    Back to Summary