Posted on: 25th Feb, 2014 01:51 am
About 8 years ago I got a divorce and finalized in the paperwork it states she has/had 5 years to either refinance or sell the house. 3 years past the deadline and she has done niether. I signed a quit claim deed as well and last year (2013) she made four late payments so currently she wouldn't qualify to refinance untill a years worth of on time payments according to a lender I was talking to during trying to get a home loan. What can I do to get my name off, I don't want to force her to sell because she has my two kids that live with her plus she has 3 other kids (maybe more) that live in the house.
Not much you can do you no longer own the home and gave away all say when you signed the quit claim - the bad part is since you are on the mortgage it has to be killing your credit as well. Going back to the courts and forcing her is likely your only hope and even more bad news - if she was late for times it may be two years of on time payments before she is eligible to refi.
Good Luck
Brian Barnes
ENG lending
Nationwide lender
Good Luck
Brian Barnes
ENG lending
Nationwide lender