Answers general questions about residential real estate in Florida. More specific answers for the southwest area of Florida - Naples, Bonita Springs, and Estero Florida - Collier and Lee Counties. Will not answer any questions about commercial real estate or business brokerage.
Experience
Experience in the area: I have held a Florida real estate license since 1995 and Florida mortgage broker license since 1996. I have specializes in the residential real estate market as a full-time REALTOR since 1996. Currently a member of the Legal Resources Committee of the Naples Area Board of Realtors.
Organizations Naples Area Board of Realtors, Lake Placid Board of Realtors, Florida Association of Realtors, National Association of Realtors
Publications Have been interviewed by the local NBC, ABC, and FOX affiliates about correcting erroneous information on credit reports, local real estate market conditions, and foreclosures. Glenn authors Naples Real Estate Blog
Education/Credentials Bachelor of Science Degree in Accounting from Bentley College, Waltham, Mass.
Post graduate courses at Nova University.
Awards and Honors 2007 Best in Client Satisfaction - Real Estate Agent by Gulfshore Magazine.
2006 Best in Client Satisfaction - Real Estate Agent by Gulfshore Magazine.
Question QUESTION: I purchased a home last year with my boyfriend. Although we are in a committed relationship and are engaged, we may never actually marry. My name is not on the mortgage due to bad credit from a prior relationship. Since we are both older, how can I protect myself in the event of his death. We pay the mortgage and other expenses from a joint account. The mortgage lender would not allow my name on the loan due to my poor credit. If we marry, would this protect me? Thank you ...
ANSWER: Hi Anne,
Thank you for your question.
But I have a question for you - are you on the deed?
The deed shows ownership, while the mortgage is security for a loan - there is a big difference between the two.
Glenn Ginsburg
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QUESTION: no, I am not on the deed. We are in Palm Beach County. Can I just be added to the deed without marriage? If we marry (we are engaged but have not set a date) would this achieve the same thing. His name is on the deed alone but I pay most of the expenses. He has one daughter who is not on the deed and he has no will. Thanks ...
Answer Good morning Anne,
You can be added to the deed with the permission of the lender(s) via a warranty deed. Some people will say you can use a quit claim deed, however, there are considerations for not using the quit claim deed. The differences should be discussed with the title company that closed the purchase of the home or a real estate attorney so that you can make an informed decision with the best benefits for both of you.
Your boyfriend should have a will, so that it is clear as to whom should receive the house in case of his death. With you on the deed it can pass without going through probate court and ensure your continuation with living in the property.
