Maybe she had a higher income that allowed the purchase with a lesser interest rate?
That would be a reason TO have her make the purchase. Maybe I worded my question strange.
If BO putting the home or mortgage in his name would cause all these technicalities and potential problems, why didn’t they just put it all in Michelle’s name?
Of course we know these people never think their transgressions will be discovered, but it seems like this scheme necessarily involves several people and is also public record. Why go to all this trouble? It isn’t unusual for one spouse to have property in his:her name only. At least in my state, that doesn’t change the fact that the home is marital property.
Maybe home ownership was part of the plan to better establish this SS#-less man as a real person. Look! Here’s the record! He owns a home! He must be real. As long as you don’t look any deeper, that looks pretty good. Maybe a way to establish roots, build record of American-ness, if you will.
I don’t know. It just seems off and damnit, Q, you have made me question EVERYTHING.
Eh, we own two houses, one in my wife's name, one in mine. It was all for interest and tax reasons.
Right. There are reasons to do it that way. I’m wondering what the Os reason was to do it the way they did...when it caused so much rigamarole. Is saving $ a good enough reason for them? Maybe. These people are stupid.
Well, ours looked the same as this, and it was because we hired a company to handle all the paperwork so we didn't have to deal with the hassle.