Posted on: 22nd Apr, 2009 08:47 am
i am going to try and make this short. my ex-fiance and i bought our family home nearly 3 years ago. after we bought the home, he quit his job and i have been making the payments ever since. he added me to the deed to the house a couple of months after the purchase. i am not on the mortgage. we got behind in the mortgage and some "investors" had us quit claim it to them while they tried to sell it. well that was a scam..they ended up stripping the kitchen and flooding the basement.
right before we quit claimed to investors, boyfriend broke up with me and moved out and said you can have it.
the investors, after destroying the place, said they were just going to sign it back over to me. so they signed it back to me solely.
i have kept the payments current for 3 months now and boyfriend is wanting to come back into picture. i have said no and he states that he is going to call the mortgage company and tell them he doesn't want it.
i don't really know what legal ground he has. i told him i would refinance it in 9 months, after i had 12 months of good pay history.
but he is not going to wait. what will the mortgage company do in this situation?
right before we quit claimed to investors, boyfriend broke up with me and moved out and said you can have it.
the investors, after destroying the place, said they were just going to sign it back over to me. so they signed it back to me solely.
i have kept the payments current for 3 months now and boyfriend is wanting to come back into picture. i have said no and he states that he is going to call the mortgage company and tell them he doesn't want it.
i don't really know what legal ground he has. i told him i would refinance it in 9 months, after i had 12 months of good pay history.
but he is not going to wait. what will the mortgage company do in this situation?
Hi careyloftin,
As you are the only one on the title, your ex does not have any rights to it. But as he is on the loan, he is responsible for the debt. Even if he tells them that he does not want the property, the lender is not going to foreclose, provided you keep making the payments. As long as the loan is current, no lender would want to foreclose on the property.
As you are the only one on the title, your ex does not have any rights to it. But as he is on the loan, he is responsible for the debt. Even if he tells them that he does not want the property, the lender is not going to foreclose, provided you keep making the payments. As long as the loan is current, no lender would want to foreclose on the property.