Posted on: 05th Dec, 2009 07:07 am
I am currently separated from my husband and wish to buy a home as my separate proprty. We have not finalized our property settlement agreement and his attorney is advising him NOT to sign the quitclaim until it is.
What assurances can I give him that one doesn't have to do with the other?
Is there any recourse I have or am I just going to loose my escrow $ and house?
thanks
What assurances can I give him that one doesn't have to do with the other?
Is there any recourse I have or am I just going to loose my escrow $ and house?
thanks
Hi DLM!
Welcome to forums!
It would be your husband's discretion whether or not he would sign the property deed. You can consult your attorney and try to convince him so that he signs the deed. It would be better if you could apply for the property settlement agreement asap. Then you can apply for a loan to buy the property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
It would be your husband's discretion whether or not he would sign the property deed. You can consult your attorney and try to convince him so that he signs the deed. It would be better if you could apply for the property settlement agreement asap. Then you can apply for a loan to buy the property.
Feel free to ask if you've further queries.
Sussane
take help from attorney
Frankly, I think you should sit down and have a long talk with your realtor and the seller's realtor. They may be able to persuade the seller to release you from the contract. Failing that, you should consult a qualified real estate attorney who can review the documents that you've signed, etc. to see what you can do to get the escrow money back. However, most sellers these days see escrow/earnest money as their compensation for taking a house off the market and missing a potential sale.