It depends on the state you live in but most likely you will be responsible for the mortgage payments. However, if money is tight you could try to get an equity loan to pay the mortgage while you quickly put the house up for sale or see if the siblings want to buy you out.
2006-12-29 07:30:33
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answer #1
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answered by CA DIVA 4
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If his mom gave the house to him and he is the only one who's name is on the deed then it is his home only and his siblings have no legal right to the property.
Now, If when his mother gave up the home to him and she has it in her will as left to her children, then there could be an argument to this property by the other siblings regardless if he is the only one on the mortgage.The name on the deed of the property no matter who that is ,is the true owner of the home.
Now if his mothers name is the only one on the deed of the house but he holds the mortgage, than he is entitled to keep the home but at time of sale may be expected to split a percentage of the profits of the home with his siblings,but will also have rights to the majority of the money for the fact of being the one who made the payments on it and did the up keep of it.
Better find out for sure who's home it really is.His or his moms as far as the deed states.
2006-12-29 15:31:52
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answer #2
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answered by vmaxer85 4
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I don't exactly know what "con" means, but I am assuming that you are asking if something happens to your spouse, are you entitled to the house? Estate laws vary state to state, but where I live, if he owned the house prior to your marriage, it is part of his separate estate and if anything happens to him, it is his will, or the court system that determines who gets the home. If you are in a community property state, then most likely you are automatically his beneficiary. Why do you ask?
2006-12-29 15:22:42
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answer #3
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answered by Peace 3
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I would think that depends on the laws in your state and the way his will is laid out.
Maybe you should talk to him to see why he hasn't sold the house yet. Maybe there are some emotional issues tied to the house that he hasn't dealt with yet.
2006-12-29 15:20:30
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answer #4
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answered by teel2624 4
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Sell the house or give it to somebody in his family. Don't make a big problem out of something that don't have to be.
2006-12-29 15:43:07
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answer #5
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answered by Daddy Big Dawg 5
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If your marriage and something happens than you would be in titled to the house unless there is someone else name is on the house or it is wrote in his will.
2006-12-29 15:21:53
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answer #6
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answered by Marina 3
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DO U LIVE IN A COMMUNITY PROPERTY STATE? THERE'S A WAY, THAT YOU WOULDN'T HAVE TO PAY FOR IT, BUT U WOULD HAVE TO SPEAK TO YOUR REAL ESTATE AGENT FOR SPECIFICS
2006-12-29 15:28:17
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answer #7
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answered by sweet_journey 2
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Con...? What's the question?
2006-12-29 15:21:34
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answer #8
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answered by elliebear 7
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whats your question
2006-12-29 15:20:29
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answer #9
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answered by ghetto fabolous 4
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Sorry............I'm not sure what the question is here. Please clarify!
2006-12-29 15:19:37
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answer #10
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answered by Mystic 3
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