Can i sell my house to my wife for the equity?

Not to be presumptuous but say in the case of divorce: If your wife is on the deed, you cannot sell something to someone if they own it already. Your wife would refinance the loan/home into her own name (you sign dower to authorize her to obtain the financing) and after closing, you'd sign a quit claim deed to release yourself from the rights to the property. If I can answer any add'l questions, I'd be happy to help. Best wishes otherwise, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile.

You can't sell something to someone who has ownership already.

Lots of additional questions here. Are you getting divorced? Is she on the loan now? I don't lend in OHIO, so are their marital rights involved? I suggest talking to a local mortgage broker for more assistance.

If the house is currently in "your name only" and she wishes to purchase it in "Her name only" then it can be done, but the lender will ask LOTS OF QUESTIONS... and your Loan to Value will be limited since it's an "Arms Length" transaction.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Hi Fred, As others mentioned, more details are necessary to give a good answer, but there are generally ways of achieving what you want to achieve. It may legally be a sale, a refinance, or simply a quit claim deed depending on exactly what the situation is now, what you are trying to achieve, and why. You want to proceed very carefully with an experienced lender so you don't misstep and cost your selves more money than might be necessary. call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Fred, where are the other details we need to give you a better answer???Thanks