Posted on: 27th Mar, 2009 10:24 am
I signed on the mortgage for my granddaughter and her husband. They have sinced divorced and he has the house. How can I get my name off of this?
what do you mean HAS the house, living in it or paid it off?
He got to stay in the house in the divorce. It is not paid off, which he is late on making payments which falls back on me
how much equity in the house, if any?
hi blytle!
welcome to forums!
as your granddaughter's ex-husband would stay in the house after divorce, you'll have to ask him to refinance the mortgage in his name. once he refinances the mortgage in his name, your name would be removed from it. you'll not be liable for the mortgage dues anymore.
feel free to ask if you have further queries.
sussane
welcome to forums!
as your granddaughter's ex-husband would stay in the house after divorce, you'll have to ask him to refinance the mortgage in his name. once he refinances the mortgage in his name, your name would be removed from it. you'll not be liable for the mortgage dues anymore.
feel free to ask if you have further queries.
sussane
"you'll have to ask him to refinance the mortgage in his name"
Can he be forced to do this, or just because he's a nice guy?
Can he be forced to do this, or just because he's a nice guy?
Hi billjames!
Bonnie has mentioned in his post that "He got to stay in the house in the divorce." If he was granted the property in the divorce, the court must have also asked him to refinance the property in his name in order to remove the OP from the mortgage. In such a case, yes, he should refinance the property in his name.
Sussane
Bonnie has mentioned in his post that "He got to stay in the house in the divorce." If he was granted the property in the divorce, the court must have also asked him to refinance the property in his name in order to remove the OP from the mortgage. In such a case, yes, he should refinance the property in his name.
Sussane
everyone who remains in a home after a divorce is a "nice guy" or "nice gal" - aren't they? don't they all just go ahead and agree with the other parties that they'll do what they ought to do?
oh, really?
oh, really?
yes...if the court has ordered that he refinance, then he "ought" to do so. however, if he is unable to do so, for some reason (such as bad credit, insufficient income, etc.) then the property will remain as is. perhaps the solution at that time is to bring the issue back to the court.