We have refinanced our home(Alabama)We added our 23 year old to the loan AND the deed.Right choice for child?
In other words, since the child is on the actual mortgage loan and the court deed, child should automatically be entitled to the home without any issues in case of death of parent or parents?…Child did have to sign the same paperwork as parents when the refinance took place. Child also lives at the residence.
Your right, 23 is not a child but is in college. Sorry