lorenni
DIS Veteran
- Joined
- Aug 27, 2012
I was just discussing this with member services. It costs $425 to change the title( as per First American Title transfer), so think about what you want to do before you purchase.
Also, if you don't put your child on the title, it would go through probate if you passed away.. I am not sure how much that costs.
Everything you own that is not jointly owned with someone else goes through probate. Which is generally only expensive and/or a hassle if you don't have a will.