OK heres the deal... me and ex fiance bought a house together May of 06... broke up in Oct of 06.... (I'll spare u the details)..... she wanted the house so i said ok cool u can keep it not worth fighting over just get it out of my name..... the financing reads My Name/Hers.........Long story short signed some paper work to get it taking out of my name and she says the deed is out of my name but not the financing because she cant get financed... Well she tell me tough sh*t shes gonna live in the house because its hers and i signed for the financing so im gonna deal with the consequences .... What do i do? What kinda legal recourse do i have?... Sorry bout the rambling im pissed off.... NE advice would be good
Ill yeah ill note some good stuff.....Im a firefighter right..... She is a account manager at a oil company.......I break up with her... 2 months later she is engaged to a guy who is mid 20's works at outback steakhouse is in a band and doesnt have a car and he moves in with her and they get engaged........ Make you wonder what the hell was i thinking with this chick....
Get a lawyer, or at least tell her that you got a lawyer. And tell her if she doesn't take your name off it, you gonna sue her and the house back. Maybe she will be scared and back off.
Did that she said since the deed isnt in my name her lawyer said i cant do any thing..... the financing is still in my name though .... how much are attorneys and any advice on a good cheap one?
That's incredible. She wants to live in the house and have you pay for it? Here's an interesting link. http://law.justanswer.com/deed?r=galaw&B=Deed&gclid=CIH4usP90I4CFRY9YQodjAcnow
Why do you believe her? Save yourself the aggravation. Let your attorney deal with her attorney (if she even has an attorney). Most attorneys have free consultation and don't collect unless you win. Pick up the Yellow Pages.
No shes paying for it which is good.... ive check my credit and its good so she hasnt been late on ne payments.....
Here we go: http://www.thinkglink.com/Quitclaim_Deed_Does_Not_Change_Mortgage.htm You transferred your ownership interest but remained on the mortgage or deed of trust. The only way you can remove your name from the mortgage or deed of trust is for your ex-wife to refinance the home and get a new loan in her name alone. You can attempt to contact the lender and have your name removed, but that rarely if ever works. Of course, if your ex-wife sells the home and pays off the lender, your name would finally be off the loan. Your best bet is to work with your ex-wife and use any good will generated by the transfer of your interest in the home to her to convince her to refinance the loan and take you off the old mortgage. But she can't get financing right? Uh oh.
What about like a voluntary repo...... i got a new car and a apartment how long would that affect my credit
I'm no attorney, nor do I play one on TV, but it sounds like you are in a really crappy situation. It appears that you've quit-claimed your interest in the real property, and it is now solely in her name. However, your name is still on the mortgage. The lender is not required, and they most certainly will not elect to remove your responsibility from the mortgage. That only raises their risk. So you are stuck with the obligation. I don't believe you have any legal recourse against your ex either to force her to try and seek a refinance. You will essentially be on this note until such time as she sells the house or refinances the note. If she defaults, she will mess up both her credit and yours. The only good news is that the longer she stays in the house (assuming she pays the note on time), the more equity she will build and the less likely she is to default. The bad news is that if she falls on hard times, she can take you down with her. Maybe some of the other guys here can offer you more hope, but it sounds like you're gonna have to live with a little less peace of mind for a while.
This relationship thread is BOOOORING. We need some more details man, where is the dirt. Let us in. We can't help you find the treasure if you won't show us the map.
I think it would be better to push her to refinance. http://scotland.shelter.org.uk/advice/advice-3749.cfm You should only hand over your keys as a last resort. If you do hand over the keys, your debt will probably increase and it will be more difficult to get a mortgage in the future Even if you hand back your keys, you will still have to pay your mortgage until your lender sells your home
