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Hold on, going to paste it in. Sacramento, CA. My wife
My wife bought the house just before our marriage. Here are the facts:House purchased in July 2008 and the purchase price was $196,000 on a $202,000 house value, down payment $6,000 with a loan from my wife's father and the interest rate is unknown. I estimated with 5% APR for roughly $3200 in principal payments owed to my wife as the person who purchased the house 6 months prior to marriage using a principal payment amortization schedule. Married 1-24-09. Title shows joint tenants as of 2-11-09. I started making payments on 2-1-09 Much of the down payment loan was paid back with joint money after marriage. House was refinanced in Oct 2016 and the title as of 10/26/16 listed us as joint tenants and continues to do so.The house now appraises for $324,000 and we owe $255,000, leaving $69,000 in equity.I am not sure if a reverse Moore Marsden calculation applies or if the short duration of premarital ownership coupled with the joint tenancy granted on the title gives the presumption of community property at essentially the onset of the marriage. I believe I have enough information to formulate the answer but do not know how to do so. I would appreciate it very much if there is an answer with my information to give me the percentage of equity I am entitled to under the law. … read more
Ray
Ray
Lawyer
Doctoral Degree
50,309 satisfied customers
I hope you are doing great in these Monday. Right now I am
Good morning, I hope you are doing great in these Monday. Right now I am in the stage 4 of My process, My question is in the Separate Property Code 770 in 2) All property acquired by the person after … read more
Attyadvisor
Attyadvisor
Doctoral Degree
9,249 satisfied customers
Second opinion] I live in Texas. My husband died last year.
second opinion] I live in Texas. My husband died last year. He left all to me in his will. We were buying a house. What are some things I need to know about title or deed in preparation if I decide to… read more
Attyadvisor
Attyadvisor
Doctoral Degree
9,249 satisfied customers
I started a construction company during my marriage. I
I started a construction company during my marriage. I bought a piece of vacant land and built a rental property. The home is titled in both our names. To save money, I did everything in house: permitting, design, plan drafting, contracting and all aspects of each phase of construction I performed labor complete the home. At one point, we estimated that my "sweat equity" in the property (remember, it was vacant land) was $250000. Is any part of that my separate property? … read more
LegalGems
LegalGems
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Buying a house in California Dear expert, For the first time
Buying a house in CaliforniaDear expert,For the first time buyers what are the rules and regulations in terms of:1-getting mortgage from the bank and down payments.2-exemptions from tax etc3-any other… read more
Attyadvisor
Attyadvisor
Doctoral Degree
9,249 satisfied customers
My wife and I are going through the process of looking for
My wife and I are going through the process of looking for and purchasing a home.We've been asked how we would like to "hold title for the property" what are the concerns that we need to take into con… read more
Attyadvisor
Attyadvisor
Doctoral Degree
9,249 satisfied customers
I am a planner and I always plan things ahead. I have the
Hi, I am a planner and I always plan things ahead. I have the following questions. 1) My mom recently transferred the ownership of a California real estate house to me and my sister so me and my siste… read more
Ray
Ray
Lawyer
Doctoral Degree
50,309 satisfied customers
Year ago me and my husband bought a property in Carlsbad. In
Year ago me and my husband bought a property in Carlsbad. In a Feb we made refinance and my husband is making Grant Deed and put his daughter's name as single woman and joint tenant. According this do… read more
N Cal Attorney
N Cal Attorney
JD
6,954 satisfied customers
Say I own a piece of property before marriage. The deed says
Say I own a piece of property before marriage. The deed says it's mine. Then I get married. I then update the deed to show we are both owners (via quit claim). Later, a divorce occurs. Is the ownershi… read more
Ray
Ray
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Doctoral Degree
50,309 satisfied customers
Hi! I am asking a general question about real estate in the
Hi! I am asking a general question about real estate in the State of GA. 1) If I buy a house and put the name of my wife in the deed together, when we sell the house or do whatever we do with the hous… read more
Law Pro
Law Pro
Doctoral Degree
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I would like to purchase a condominum and want it to be my
I would like to purchase a condominum and want it to be my sole and separate property. I will be using an inheritance (which I know is my sole and separate property) for the down payment. If I make al… read more
socrateaser
socrateaser
35,663 satisfied customers
Hi, I live in California. Im married and my husband and I
Hi, I live in California. Im married and my husband and I own a home. He also has a condo that he bought prior to us getting together (that didnt sell when we purchased our home, as we bought and then… read more
Law Pro
Law Pro
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i have a morgage before i was married, if forcloser happens
i have a morgage before i was married, if forcloser happens what is the impact on my wifes credit rating and will the bank come after her… read more
Law Pro
Law Pro
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I live in California and recently purchased a home which closed
I live in California and recently purchased a home which closed escrow March 5th and filed for the first time home buyers credit on my federal return for the 2009 tax year. The credit was extended unt… read more
SC Foreclosure and Real Estate
SC Foreclosure and Real Estate
Juris Doctorate
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I got married in 2004 and my spouse bought a property in 2006.
I got married in 2004 and my spouse bought a property in 2006. When he purchased the property, I signed a quitclaim deed the same day he closed escrow on the loan where I would have no interest on the… read more
Barrister
Barrister
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Doctoral Degree
12,142 satisfied customers
In the state of California, do the husband and wife both have
In the state of California, do the husband and wife both have to be on the Mortgage Loan and Title when purchasing a house?… read more
N Cal Attorney
N Cal Attorney
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Rental property (single family home) is moving towards foreclosure
Rental property (single family home) is moving towards foreclosure in California. Owned by me and re-financed in 2005. Loan is in MY name only and was financed BEFORE my marriage in 2008. Do the commu… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
My husband and I live in California and are in the process ...
My husband and I live in California and are in the process of buying a home. We have no children. We have four ways to go: "Husband and Wife as Joint Tenants", "Husband and Wife as Community Property"… read more
Roger
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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