Bank loan


#1

If my name is the only name on the loan and husbands on the deed, when we sell the house, in whose name does the check get made out to for payoff?


#2

I’m not a real estate attorney, but it’s my understanding that if you are getting case from the sale of the house, the check should be made out to both sellers unless there is something in your deed that says the parties have different ownership interests. If the proceeds from the sale are needed to pay off a bank loan, as the title of your post would suggest, the check would go directly to the bank and would not be in the name of either seller.