my ex partner and i had joint mortgage we where mot married she walked out twelve months ago she is now demanding i sell the house but wh en we bought the house we had a signed agreement written up to say we both had to be in agreement before we would sell she says this means nothing but i have the agreeement with the deeds any advise
2007-06-03 02:57:17 · 8 answers · asked by YVEYTTE C 1 in Business & Finance ➔ Renting & Real Estate
See a solicitor quickly.
2007-06-03 02:59:55 · answer #1 · answered by Anonymous · 2⤊ 0⤋
You collectively have two options:
1. You buy out her interest and refinance the property in your own name. This is by far the preferred way to proceed. The only thing that you need to agree upon is the current fair market value to base the buyout on. That's pretty simple, just agree on an appraiser or get independent appraisals and submit it to arbitration if you can't agree.
2. Either of you files suit for partition. If successful, this will force the sale of the property and you then divide any equity remaining after costs and the existing mortgage are paid. This can be expensive and time consuming and often leads to further litigation as the parties argue over the handling of the attorneys' fees and court costs.
2007-06-03 04:07:18 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
If the agreement is valid, ( written up by who, notarized? Legal?) I mean her signature if it is handwritten between just you tow should be enough, but it would hold wayyy more water if it were legal. You should be able to keep the house. Go see a judge, because you may could also make her help you finish paying the mortgage off. I don't know if she is helping now, but having a joint one the judge can make a ruling for her to just in case she gets mad because you won't sell. She is just telling you that you have nothing hoping you will be dumb enough to believe her.
2007-06-03 03:10:55 · answer #3 · answered by sapphiresc3 3 · 0⤊ 3⤋
You may have to buy her out, but an attorney would be able to tell you how much time you have to do so. In either case, you will have to get an appraisal of the property which is a shared expense.
2007-06-03 03:08:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
in case you do no longer decide directly to sell your 0.5 she can not make you as an remoted incident. I doubt in case you are able to locate everyone who had to purchase 0.5 a house. in case you opt for a divorce by way of solicitors you should to boot provide all of them you obtain and save time answering their questions. So an amicable contract is the main inexpensive and appropriate way, offering each and anybody remains sensible and prepared to compromise. Have the homestead valued, flow to the economic business enterprise and borrow 0.5 the fee (in case you are able to ) and purchase her out. Be arranged to would desire to provide up different issues to boot yet in an entire blown divorce conflict you should verify your great disappear to boot. stable good fortune!
2016-10-09 09:01:07 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Take the documents to a solicitor to make sure they are legal and ask for advice.
2007-06-03 03:02:18 · answer #6 · answered by Anonymous · 1⤊ 0⤋
you should be able to keep it. Who is the principal borrower on the note? If it is you thenm stay put.
2007-06-03 03:01:55 · answer #7 · answered by Anonymous · 0⤊ 2⤋
If they were signed/stamped by a notary, you are all set. If not, you might have a problem.
2007-06-03 03:06:08 · answer #8 · answered by Aaron & Morgan 2 · 0⤊ 2⤋