Posted on: 09th Jan, 2010 06:05 am
my husband 58 refinanced our home without my knowledge until the bank realized that my name is on the deed. i signed only papers giving him permission, however if he defaults or dies within this thirty year morgage i will be responcibile, correct? should i get a quit claim deed since i plan to divorce him. i have no say about this house, nor is this my dream home.
>>I signed only papers giving him permission,
Does that mean he's the only one on the Mortgage?
>>however if he defaults or dies within this thirty year morgage I will be responcibile, correct?
Not if he's the only one on the Mortgage - you won't be responsible at all.
Does that mean he's the only one on the Mortgage?
>>however if he defaults or dies within this thirty year morgage I will be responcibile, correct?
Not if he's the only one on the Mortgage - you won't be responsible at all.
if you have not signed any mortgage paper, you are not responsible for mortgage payment.