Posted on: 11th Dec, 2009 11:20 pm
I see this should have been posted as a question:
My husband's name is on both the mortgage and deed of our house in OH. Mine is only on the deed.
The property is in foreclosure at some stage - we got a workout offer, but it looks as though we will not be able to follow through with it. Having not paid even one payment on the workout offer, will the mortgage company simply *continue* with the foreclosure, or will the process start over?
The IRS has some liens on the property because my husband, unknown to me, did not pay our taxes for two years in a row, several years back (four and five years ago). That total is 10K
Is there a benefit, and is it possible, for me to get my name *off* the deed before it does fully foreclose?
If the house forecloses, will the IRS get their money from that?
My husband's name is on both the mortgage and deed of our house in OH. Mine is only on the deed.
The property is in foreclosure at some stage - we got a workout offer, but it looks as though we will not be able to follow through with it. Having not paid even one payment on the workout offer, will the mortgage company simply *continue* with the foreclosure, or will the process start over?
The IRS has some liens on the property because my husband, unknown to me, did not pay our taxes for two years in a row, several years back (four and five years ago). That total is 10K
Is there a benefit, and is it possible, for me to get my name *off* the deed before it does fully foreclose?
If the house forecloses, will the IRS get their money from that?
Your query has been answered in the given page:
http://www.mortgagefit.com/foreclosure/name-deed-2.html#139228
Take a look at it. I hope it'll help you.
http://www.mortgagefit.com/foreclosure/name-deed-2.html#139228
Take a look at it. I hope it'll help you.