If I sell my house do I pay cmhc

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Lemuel

If i sell my house do i pay cmhc?

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Q. How can i transfer title of house on my name?

Me and my wife bought a house on zero down payment four months ago. she walked away after 8 days of moving in house. we are seperated now. i am paying mortgage and all expenses from 1st day. i paid all the expenses in buying this house too.this house has no equity. in reality its 7,000 in dept becuse of cmhc insurance for mortgage to qualify for 0 down payment .bank agreed to take her off the mortgage as i can qualify at my own now. bank told me that she has to call them that she has no interest in the house then they will take her off the mortgage. i am worried she might be out of mortgage and doesn't sign off from title. how can i take off her name from title ( as she is paying nothing). will the bank take her off the mortgage before she get off the title. how does this bank procedure work. what options do i have to take her off from title. what if i go to court? will the court listen to me? i heard in most cases court order to sell the house?

If you can show that your making payments, and shes not around there is a real good chance you can do this. go to the law library in your town and check it out its open to the public

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Q. How can i transfer the title of house on my name?

Have her sign a deed to you of her undivided one-half interest in the property. She should also sign a letter to the bank asking to be removed from the liability on the mortgage.

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