5 Reasons Why You May Need your Deed Changed

Legal documents can be extremely complicated, especially if you are unfamiliar with all the legal terms included in these documents. When you need to make changes to your home title for any reason, it is important to hire a document specialist from California Document Preparers, or CDP, to help you with the proper forms. These professionals are familiar with the legal terms and will make sure you understand everything. There are many reasons why you may need to change your title.

Add Your Spouse
If you owned your home before you were married or applied for the mortgage on your own, you may wish to add your spouse to your home title. Despite being married, if something happens to you, it may be difficult for your spouse to take ownership of the home. Adding your spouse will ensure he or she has equal claim to your home in case something happens.

Refinancing
Many people today need to refinance their homes for a variety of reasons. Some people need to add a co-signer to the title because they are unable to finance the mortgage on their own. On the other hand, if someone used a co-signer to purchase the home and are now able to refinance on their own, he must change the title to reflect this change.

Creating a Living Trust
Whether you pass away or become incapacitated, you want to be sure your home is in good hands. One of the best ways to do this is to create a revocable living trust. When you add this trust to your legal documents, though, you must reflect that change in your title. This requires the help of an experienced professional at California Document Preparers to ensure your change is processed correctly.

Removing a Spouse
About half of all marriages end in divorce. If the two of you have purchased a home together, chances are you will not continue to live in it together. When one person is capable of keeping the home, that individual must often refinance in his name alone and remove the spouse from the title. This can be a complicated process, which can be made easier with the help of a professional.

Adding Children or Others
Sometimes it is easier to add a child or someone else to your title before something happens to avoid inheritance issues. If you are interested in adding a new individual to the title of your home, it is critical to understand the process and how to fill out the forms properly. Failure to fill out the forms properly can result in problems down the road.

There are many reasons why you may need to change the names that are on the title to your home. No matter what the reason, it is important to go through the process in the right manner. Filling out a form incorrectly or failing to file important documentation can result in added costs. Trust a qualified document specialist at California Document Preparers to ensure the change is done right the first time.