Should i add my name to my husband house and loan?

Audry
My husband bought a house before we got marry. Now he wants to refinance the house and add my name to the house and the loan. My sister would like to buy a house and I may need to be her co-signer. Should I add my name to my husband's loan when refinancing the house so that I can be the co-signer of my sister's house? We are living in California. Also, my husband is upset when I just want to add my name to the house but not the loan. I did not contribute to the mortgage payment but I put a sum of money to the joint account whereas he did not contribute any to the joint account. What is the best solution?

Claudio
You have a strange marriage. He pays this and you pay that. Why isn't the money going into one account to be used on all bills/mortgages/etc?Oh, and never ever ever co-sign for a mortgage. It never ends well.

Charlyn
california is a community property state so you might as well be on the deed and the loan.but DO NOT CO-SIGN for your sister!when she defaults YOU will be stuck paying the note and YOU will get the hit on your credit.and you do understand that when she defaults, they'll foreclose, sell the house at auction for whatever they can get, AND YOU'LL STILL OWE THE BALANCE... then when you can't pay 2 house notes they can SEIZE YOUR HOUSE, sell it at auction, and if there's still a balance you'll STILL be on the hook.

Charlette
If you add your name to the house and loan and your relationship fails you both will be fighting for the home. It can get very ugly, my Ex and her boyfriend did this and they have separated a few times and the house was the big problem, he did not want to leave and wanted half of its worth and would not move out. They continue to stay to together but they have broken up many times since, and the home is the biggest issue .Remember that this can be a big issue. Problem.

Gena
Well your married now so yes I'd put your name on the house. As far as the loan, if you don't pay on it then why? Your joint account, why have one if only you contribute to it, just make it your account. My wife and I both have our own accounts, then a joint, but we both contribute to the joint and all the bills. Your married not roommates. So talk to him and do what works best for both you w/out an arguement.

Isaias
The "best solution" is one that works out for both of you.If you feel comfortable having your name on the title, but not on the loan, so be it. He should respect that. You may want to find out "why" it's so important to him to have your name on the loan. It might just be a scenario that he has in his head of the way "things should be in a marriage" and may not really be all that important to him. It's amazing how people get caught up in their personal ideas of "how a marriage should be" and when it doesn't go that way a person can get pretty upset. He may feel that if you don't want to have your name on the loan that you may not be committed to the marriage. Again the scenario of marriage is different for everyone and couples need to find a way to combine them and create one as a couple. Something else for you to keep in mind is how is he at paying the bills, is he early, on time, or late and how will it affect your credit standing. So keep talking to him, find out why, and then the two of you need to work out a solution that you both can live with. Heartfelt Wishes.

Merrilee
Do not co-sign for anyone that is BIG mistake number one. I dont care if its the richest son of a B*%@ in the world, do not. Do you absolutey have to refinance? I would say no to that too and no to adding your name to the loan. No need both of you to get in trouble, unless maybe you get a lower interest rate? I dont understand your joint account issue. Are you saying you paid some of the house of with the joint account? Yes absolutely add your name to the house. YES YES YES, no to the loan unless you get a way lower interest rate your something of that nature.

Catharine
I know that you did not ask a question about co-signing a loan for your sister but "they" say that the worst thing that you can do is co-sign for a friend or family member. I know that it is your sister but look at the housing market right now and how many people are out of work. Just be very careful again I know you are going to say that this is your sister but even family members can lose a job and you will be responsible for that house note. If you are living in a house with a man that you married then yes you should be on the loan. If any of your monies are going to the house note then you should have it reflect on your credit and it is partly your house because you are paying towards it. My main concern would be with you cosigning a 30 year note with your sister and then something happening and her defaulting on the loan and you ending up the responsible party.