Posted on: 24th Oct, 2009 10:30 am
i bought a house with a friend about 4 years ago. i have not lived there for over 3 1/2. i have been trying to get my name off of the house and the loan but he is telling me he cannot refinance. are there any other options?
couple fo ways you can get your name offf the loan
1. Your freind needs to refinance the loan inhis name and looks like that is not possible in this market
2. You cna sell teh house, but if the sale price is less thna what you owe, then you are liable to pay it
3. You can go for a shortsale or a deed in lieu
1. Your freind needs to refinance the loan inhis name and looks like that is not possible in this market
2. You cna sell teh house, but if the sale price is less thna what you owe, then you are liable to pay it
3. You can go for a shortsale or a deed in lieu