Does a non-titled spouse need to be at closing?

November 29th, 2013

We frequently field questions on whether a non-titled spouse needs to be at closing to sign documents.

New Hampshire is a homestead state, therefore:

If a married person is purchasing a primary residence, the non-titled spouse MAY OR MAY NOT need to be at closing. A purchase money mortgage may be used. Some lenders MAY still require the spouse to sign.

If a married person is refinancing a primary residence, the non-titled spouse must be at closing to sign various loan documents.

If a married person is selling a primary residence, the non-titled spouse must be at closing to sign the deed to release homestead rights.

Maine is NOT a homestead state therefore a non-titled, non-borrowing spouse does NOT need to be at closing to sign documents.

Questions or comments?   Contact Jaime Lynch at jlynch@signaturetitle.com

Tips for Realtors

November 4th, 2013

Be prepared for your next closing

Here is a list of items we commonly ask Realtors to provide to ensure smooth communication and coordination of a closing:

  • Legible copy of Purchase and Sales Agreements and any addendums
  • Contact information for all parties (Real Estate Agents, Buyer, Seller, Loan Officer, Insurance Agent or Condo Association)
  • Commission statement. Who is holding the deposit and will it be brought to closing or retained?
  • Invoices or bills to be paid at closing
  • Special circumstances (POA, Trust, Mail-away)

Questions or comments?  Contact Jaime Lynch at jlynch@signaturetitle.com