I have paid all payments for four years as he never worked and a lawyer sent him the paper and he wont sign, says when i sell he will get half of it, i pay all including taxes etc..
2006-08-08 08:11:08 · 21 answers · asked by michele c 1 in Business & Finance ➔ Renting & Real Estate
we arent married and i only have 9 months left and place is paid off i had a 5 year mortgage.
2006-08-08 08:17:43 · update #1
Don't pay anymore... move out and leave him with the payments, his name is on the deed let him take care of it
2006-08-08 08:14:31 · answer #1 · answered by rachelle105210 5 · 0⤊ 1⤋
Well being that you already have a lawyer and your lawyer sent papers and he did not sign...I guess you realize there's nothing more that can really be done otherwise I anticipate your lawyer would have pressed further.
Typically the only way to remove a person from a mortgage is to refinance the loan.
He's almost like a 'co-signer' to a car. Even though you make all of the payments you are both legally bound to the loan and entitled to whatever proceeds the house provides.
Be advised, your boyfriend as joint owner can proceed with court proceedings of his own and at anytime 'force a sell' of the house to collect (what he feels is) his portion of the money. So you need to find a solution fast.
If you desire to continue to live in the house you need to strongly consider having your boyfriend transfer his interest in the property to you. Typically this is done with refinancing, but with only one year left to pay on the house...I wonder how you could work that out. Change legal counsel if you don't believe the lawyer that you have is seriously working the case.
You might even need to consult a divorce attorney. They'd have good insight on such matters.
But sadly, I truly believe you are stuck.
2006-08-08 08:54:53 · answer #2 · answered by The First Lady 5 · 1⤊ 0⤋
Sell the house to a good friend or relative for the amount owed only. AFter the Ex is off the deed, have it quitclaimed back to you.
If the Ex does not agree to the sale, you may be able to force him. What's ur lawyer say? Is he on the Mortgage?
If you have not been in the house long, you might not have enough equity to fight over. YOur Ex is just running the time line to allow equity to build to jump in and take half.
You might learn a very expensive lesson here - Watch Judge Judy more.....
Good luck
2006-08-08 08:21:34 · answer #3 · answered by psychnet 2 · 1⤊ 0⤋
I would take him to court to contest his rights to the house, make him spend money on a lawyer. Were you together for more than five years? If so, depending on which state you live in, you might have formed a common law marriage.
If you have proof that all of the money that paid for the house came from you alone, you might find a judge that will take pity on your situation and grant you sole ownership. Legally though, I think that you're kind of stuck...that's what deeds are for. If the court doesn't give you sole ownership, maybe they'll at least make him pay you for half of the house.
2006-08-08 09:55:27 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Well, as you know, wasn't a good idea. Unfortunately, there is little you can do. When you sell the house he will have to sign the warranty deed, just like he would have to sign the quit claim deed (and refuses to do so). I think you might need to work something out between the two of you, the law cannot force someone to give up their interests in property they legally "own" on paper.
2006-08-08 08:18:18 · answer #5 · answered by ? 2 · 1⤊ 0⤋
Looks like your about to learn the leson of Not being Married or drawing up proper paperwork ahead of time.
Unless you have set the deed up in the begining that you both had say you had 80% ownership and he had 20% then you will be somewhat better off.
Otherwise he get 1/2 of the house... or you could talk to your attorney and see if you could sue him since he paid nothing into the house...
Good luck,
2006-08-08 09:34:08 · answer #6 · answered by Scott 6 · 1⤊ 0⤋
You need to get a lawyer to handle the negotiating for you.
It's quite possible you will be able to get him to accept much less money than he is asking for, especially if he cannot document his contribution. Do NOT short-sell. You could end up owing him more than you get from the sale.
Why on earth would you put yourself in this position to begin with?
2006-08-08 08:34:31 · answer #7 · answered by BoomChikkaBoom 6 · 1⤊ 0⤋
Go to a lawyer ASAP and get legal advice. If he forfeits his part of the responsibility he should not get a dime, he abandoned the house so he loses in my book. He has no equity in a house he did not pay into. Good Luck
2006-08-08 08:17:47 · answer #8 · answered by Maria b 6 · 1⤊ 0⤋
legally half is his and there is nothing legal that you can do about it.
morally its all yours and there is a lot of immoral things you can do about it. Problem with immoral things is that most are also illegal.
so the bottom line is your stuck.
that was one of the dumbest things you could have done.
one thing you can do is NEVER sell it. just rent it and make money off of it that you can use to buy a new house. if he dies before you then it will be all yours.
2006-08-08 08:33:38 · answer #9 · answered by viajero_intergalactico 6 · 1⤊ 0⤋
DO NOT STOP paying the mortgage. If he is just on the Deed this will do nothing but just hurt your credit and not his.
2006-08-08 09:40:55 · answer #10 · answered by rissybabe2210 1 · 1⤊ 0⤋