What are the rights of common law marriage in Texas?

If you believe you were in a common-law marriage and that you may have property rights that are affected by any subsequent separation, you should seek the advice of an attorney as soon as possible. A common law marriage entitles spouses to all the same rights in Texas as a formal marriage.

Can a spouse be a co-owner of a refinance?

Unfortunately in a refinance transaction the lenders usually end up having people name their spouse as co-owners of the property. During the refinance process your lender may have told you that it would be quicker or easier to have both spouses on everything. That may be true for them, but it could have put you in great jeopardy.

How to get a divorce in Texas common law?

Getting a divorce is the same as with other marriages, except the couple must first prove to the court that they were married. The person that first files papers with the court has to prove that there was a common law marriage. There are seven grounds for divorce in Texas including:

When did that house you owned before marriage become community property?

Did that house you owned before marriage and then refinanced during marriage become community property?

Can a home equity line of credit be refinanced in Texas?

That offers more stability and better peace of mind than a home equity line of credit’s (HELOC) variable rate. Plus, your mortgage interest may be tax deductible. (Check with a professional first, as recent changes to the tax law apply.) “Any homeowner is eligible for this Texas cash-out refinancing loan.

Can you refinance a section 50 in Texas without cash out?

You can refinance your Texas Section 50 (a) (6) loan in the future to a conventional rate-and-term refi without taking cash out. But you must wait at least 12 months from the date of your Texas cash-out refi closing.

Is the Texas cash out refinance loan more flexible?

This changed the rules related to home equity lending. As a result, the Texas cash-out refinance loan is friendlier and more flexible to borrowers today. Here are four reasons why: