All answers welcome
2007-08-15 20:11:39 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Also,because they are supposed to sell us the house. do you think we are waiting for nothing?
2007-08-15 20:22:31 · update #1
To answer your direct question. NO. If the house isn't in a person's name, then they can't sell it. It is that simple.
There are several things that don't make sense to me from your question. What is the issue around refinancing and who cares if they are bankrupt? I don't know why they would have to refinance to sell it.
In your additional info you asked if you are waiting around for nothing. What does that mean? Is the house for sale through a realtor? Is this a discussion you are just having with the 'owner' of the house? Many of these issues would be resolved if there was a realtor/broker involved. Ownership and title wouldn't be in doubt and you'd know the price and terms. It sounds complicated and it sounds fishy. It sounds like you are wasting your time with this person, don't waste your money too.
2007-08-16 04:12:43 · answer #1 · answered by Rush is a band 7 · 0⤊ 0⤋
You cannot sell or refinance a house that is not in your name. Legally it isn't yours. That's like you trying to sell my car. How would that be possible?
2007-08-16 03:19:33 · answer #2 · answered by Bobbie 3 · 1⤊ 1⤋
I suggest that you speak with your attorney to see if he/she could do anything if you included the house in the bankruptcy.
2007-08-16 03:20:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋