Posted on: 05th Aug, 2011 05:25 pm
My husband's name is on the deed to his mother's house. She took out a line of credit on the house years ago, and his name appears on this new mortgage. She is threatening to allow the bank to foreclose on the home. Can my husband get his name off the mortgage? Does he have any recourse to force her to make the payments? Does he have any options at all?
Hi yadayada,
Unless your husband's mother refinances or assumes the mortgage in her name, your husband won't be able to remove his name from the mortgage docs. He may pay toward the loan and get rid of it if he wants to save the property as well as his credit.
Unless your husband's mother refinances or assumes the mortgage in her name, your husband won't be able to remove his name from the mortgage docs. He may pay toward the loan and get rid of it if he wants to save the property as well as his credit.