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You need to review the term of your divorce agreement. It may require that you refinance.

Property that was once marital property and that is being transferred from one former spouse to the other pursuant to a separation agreement should always be refinanced by the receiving party. Otherwise, even if they have conveyed their interest, the ex-spouse remains responsible for paying the mortgage. If it goes into default his credit will be ruined.

Your ex-husband should have insisted that the property be refinanced in consideration of his transferring his interest to you. The only way for him to be released from the mortgage obligation is for the mortgage to be paid off and then refinanced.

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Q: Do you need to refinance your house if your ex husband signed a quit claim deed as part of a divorce agreement?
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My husband signed a quitclaim deed to me but I never refinanced to remove his name from the mortgage note and it has been seven years. Can I be forced to sell my property or sued?

If your husband signed the deed as part of a separation agreement that you refinance the property in your own name and you didn't, then you are in contempt of a court order. You should consult with an attorney, preferably the attorney who represented you in the divorce.


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If she is also paying the mortgage, then you will need to get the agreement of the lender to do this. At my divorce, I signed a quitclaim, which may be what you need.


I signed off on the house during the divorce The loan is in my name The deed is in both our names TX He refuses to refinance How do I get out from under the mortgage so that I can buy another home?

You should have addressed that situation at the time of the divorce. When a divorce decree is entered, generally, the parties should be free and clear of any claims they may have had against the other. All matters should be resolved, especially an outstanding shared debt. I am assuming that when you state that you signed off on the house you transferred your interest to your ex-husband by deed. If that is correct consider this: At the time of the divorce negotiations, your leverage was your interest in the property. Part of the agreement for you to transfer your interest SHOULD have been that your ex-husband refinance the property in his own name to take your name off the outstanding debt. If the loan was in your name, it should have been paid off at that time. You have no leverage now. If you were represented by an attorney you should contact her/him and ask why this matter was not resolved at the time of the divorce. Your lawyer was responsible for addressing this situation on your behalf and was paid to represent your interests. If that is not possible then you should consult with an attorney who could review your present situation and file a claim in a court of equity.


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