by derrysuka  19/10/2016  427 Page Views
4 Comments  Self-managed super funds, superannuation, wealth management
Hi, I have a homeloan with under 2 applicants, 1 is me and the other is my brother in law. He has gone back to his country for good. The property is in Sydney. Every monthly morgage repayment is done by me through bank transfer. In future I will be selling my property, my question is;

- Can I remove his name from the homeloan?
- Do I need to remove his name from the homeloan? as he is cannot be at present. Although, whatever legal documentation needed when selling the house i.e signature or approval ID he will be able to provide.
- how will the fund after selling the property be transfered?
- If it is still under his name and the property will be sold, can all the funds go into my account? therefore I will make personal agreement of the split share.

Please help me with my questions.

thank you