Posted on: 23rd Jun, 2008 10:10 am
My husband passed away June 2007 and he had 3 properties. I was not on the loan of any of these properties I am however on the deed. I have a condo that is now is forclouser and they have sent me a date for a final judgement. They have my name the mortgage company name and also the home owners association. It took me four months before they would even talk to me I cannot sell this condo as the property would not sell for what the mortgage is. The date is set for august 4 Do I have to get an attorney will the judge see that my name is on the deed not the loan? The home I live in now is ok But I also have another, that is rented but just not covering the entire mortgage. Help
Welcome kay,
Both of you can add your names to the property deed though the mortgage is in your husband's name.
Both of you can add your names to the property deed though the mortgage is in your husband's name.
My husband has owned our home for over 23 years we refiananced three years ago but my credit was not too good so we decided that he would get the loan in his name only for a better rate. He passed away in May my name is on deed but not loan there is no will do I need to get the mortagage in my name or just keep paying in his name
i am recently divorce and have my home which i am not on the mortgage but on the deed .my ex husband was suppose to pay the mortgage with our separation agreement but havent.i was wondering what can i do to save the house it's in pre forclosure and the mortgage company will not discuss anything with me since im not on the loan.
Hi Guest!
Welcome to forums!
As per the agreement, your ex has to pay the mortgage. You should contact your ex and ask him to make the payments asap so that the foreclosure can be stopped. If your ex does not do so, then you will lose the property. However, the lender won't come after you to recover the deficient balance resulting from the sale of the property. As your ex's name is mentioned on the mortgage docs, the lender will go after him to collect the deficient balance.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As per the agreement, your ex has to pay the mortgage. You should contact your ex and ask him to make the payments asap so that the foreclosure can be stopped. If your ex does not do so, then you will lose the property. However, the lender won't come after you to recover the deficient balance resulting from the sale of the property. As your ex's name is mentioned on the mortgage docs, the lender will go after him to collect the deficient balance.
Feel free to ask if you've further queries.
Sussane
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