Posted on: 30th Jan, 2011 01:32 pm
I HAVE A 2ND MORTGAGE IN MY NAME ON MY MOTHERS HOUSE, NOW WE ARE NOT GETTING ALONG DUE TO SEVERAL ISSUES..SHE IS ASKING ME TO JUST LEAVE..WHAT DO I DO, I CANNOT LET HER RUIN MY CREDIT. I KNOW SHE WILL NOT BE ABLE TO KEEP UP THE PAYMENTS? SHE IS ELDERLY AND HAS BECOME ABUSIVE AND THREATNENING ESPECIALLY WHEN SHE DRINKS...THERE ARE ALSO TWO ADULT SIBLINGS IN THE HOME AS WELL WITH SUBSTANCE ABUSE AND EMPLOYMENT ISSUES, I HAVE TRIED BUT I AM AT THE END OF MY ROPE
hi emcrae,
i hope your name is mentioned on the property deed as there is a mortgage in your name. you should ask your mother to refinance the second mortgage in her name. unless she refinances the mortgage, you shouldn't leave the property. once she refinances the mortgage, you can sign a quitclaim deed and transfer the property to her and then leave the property.
thanks
i hope your name is mentioned on the property deed as there is a mortgage in your name. you should ask your mother to refinance the second mortgage in her name. unless she refinances the mortgage, you shouldn't leave the property. once she refinances the mortgage, you can sign a quitclaim deed and transfer the property to her and then leave the property.
thanks