Posted on: 26th May, 2010 09:42 am
I am currently an owner of a home with my ex-finance' - he currently lives there and pays all the bills. I have been trying to get him to remove my name from the deed and mortgage loan for about 2 years. He will not budge. He makes excellent money and has great credit. Guess this is his way of getting me back for leaving... What can I do legally... I live in the state of Wisconsin.
Welcome AJA,
You can sign a quit claim deed and remove your name from the property deed. However, this will not remove you from the loan. In order to remove your name from the loan, your ex-fiancée will have to refinance it.
You can sign a quit claim deed and remove your name from the property deed. However, this will not remove you from the loan. In order to remove your name from the loan, your ex-fiancée will have to refinance it.
Hi AJA,
Adonis is right. You can remove your name by signing a quitclaim deed. Tell your husband to sign a quitclaim and remove you from the property. However, by signing a quitclaim you will remain responsible for the mortgage. In that case tell your husband to re-finance the loan in his name.
Adonis is right. You can remove your name by signing a quitclaim deed. Tell your husband to sign a quitclaim and remove you from the property. However, by signing a quitclaim you will remain responsible for the mortgage. In that case tell your husband to re-finance the loan in his name.
He is unwilling to refi.. he has made a choice to "trap" me?? Do I need a lawyer??
Hi AJA,
Unless your ex-fiancée signs the quit claim deed to you, the property won't be transferred in your name. You can take the help of a lawyer in order to negotiate with your ex-fiancée. You can buy him out in order to transfer the property. You can offer him a certain sum of money in order to buy him out.
Thanks
Unless your ex-fiancée signs the quit claim deed to you, the property won't be transferred in your name. You can take the help of a lawyer in order to negotiate with your ex-fiancée. You can buy him out in order to transfer the property. You can offer him a certain sum of money in order to buy him out.
Thanks