Posted on: 03rd Feb, 2009 10:13 am
I mn the loan my girlfriend is only on title and she wants me to move out becuase she claims to say its her house.what can i do
Hi,
In your post youve mentioned that your name is in the loan whereas your girlfriends on the title of the house. Is the same house that has your girlfriends name on the title kept as collateral against the loan youve taken? If it is so, then I dont understand how the lender approved the loan in your name? Did you sign any quitclaim deed to transfer the property title to her? If so, then if you move out of the house and dont pay the loan, your girlfriend, who is the grantee in the quitclaim deed, has to pay the loan. And if she doesnt pay, there are chances of the house being foreclosed by the lender.
Be cheerful & keep smiling.
In your post youve mentioned that your name is in the loan whereas your girlfriends on the title of the house. Is the same house that has your girlfriends name on the title kept as collateral against the loan youve taken? If it is so, then I dont understand how the lender approved the loan in your name? Did you sign any quitclaim deed to transfer the property title to her? If so, then if you move out of the house and dont pay the loan, your girlfriend, who is the grantee in the quitclaim deed, has to pay the loan. And if she doesnt pay, there are chances of the house being foreclosed by the lender.
Be cheerful & keep smiling.