Do you just provide the mortgage company a copy of the deed or how do you get your name off of the mortgage?
2007-04-15 07:28:33 · 4 answers · asked by lavenderbluelassie 3 in Business & Finance ➔ Taxes ➔ United States
It's not a simple as that, your ex would need to refinance the home in his name only. You can sign a release of interest, and have the home awarded to your ex in the divorce proceedings. Be sure to have your attorney handle this procedure, you want to be sure you are removed from the debt and the deed.
2007-04-15 07:37:28 · answer #1 · answered by fisherwoman 6 · 1⤊ 0⤋
The ONLY way to get your name of the mortgage is for the mortgage to be paid off. Removing your name from the title does not release you from the mortgage and the divorce court has NO jurisdiction over the mortgage company. The divorce court CAN order your ex to refinance or force a sale. Until one of those is done, you are still liable for the mortgage no matter what the divorce decree states.
2007-04-15 14:38:58 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
I sold real state in Ohio and your name will not come off the deed until the house is sold.you can get a quick claim deed and give that with a letter from his lawyer to the bank and he will be responsible for the payments but your name will remain on the deed.
2007-04-15 14:42:53 · answer #3 · answered by sandyjean 4 · 0⤊ 0⤋
It should have all been handled at the same time. Did you have an attorney involved? If you just signed a quit-claim, that doesn't automatically release you from responsiblity on the mortgage.
2007-04-15 21:54:54 · answer #4 · answered by Judy 7 · 0⤊ 0⤋