Posted on: 27th Feb, 2010 05:22 pm
i'm in the process of a divorce. we have two houses. i'm in one and he is in the other. the one i'm in has a mortgage of $21,000 (we have had for 25 yrs) and a line of credit of $50,000. i know we can quick claim each other a house but that will not remove my name in order for me to refinance on my own with my mortgage and line of credit. how can i get my name off his house so i can refinance the one i'm in? i'm not sure that he can refinance since he has been late on payments. he has own business but claims it is not doing anything.
No matter how you slice it, you would have to refinance and pull your name off his property.