Legal Question in Real Estate Law in Illinois

I purchased my home prior to marrying my husband. When we married, he signed a waiver of homestead rights. We now have found a home in foreclosure that we really would like to purchase. However, it cannot be contingent on us selling our current home. Can my husband attempt to purchase the property solely in his name, and I am added after our current home sells?


Asked on 9/28/11, 1:50 pm

2 Answers from Attorneys
Thomas Moens Moens Law Offices, Chartered

Sure. The decision will be up to your lender.

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Answered on 9/29/11, 9:24 am
Burton Padove Indiana and Illinois Lawyer, Burton A. Padove

Possibly.

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Answered on 10/03/11, 11:58 am


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