0
Is your ex partner responsible for her part of the mortgage if she is on the deed also and leaves the house?
Wiki User
∙ 12y ago
Yes. She is responsible for paying the mortgage. However, if she doesn't pay and you want to keep the property then you will need to pay the mortgage or the bank will take possession of the property by foreclosure and both your credit records will be affected. On the other hand, if you continue to make the payments she will still own a half interest in the property.
You should consider selling the property or making an offer to buy her share.
Answer
If you want to keep the house and she doesn't, refinance the house in your name only. You would need for her to sign a quitclaim.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
In the state of Maryland both parents died there is no will are the surving children responsible for mortgage on the house?
No, the estate is responsible for the mortgage. This sounds like a case for getting the estate set up and get the house sold as quickly as possible.
If your name is on the deed but not the mortgage who is responsible for the mortgage when the house is sold?
The mortgage will be paid off from the proceeds of the sale. The buyer's attorney will make certain the mortgage is paid off before the buyer takes title.
Do you have to pay mortgage if your house is for sale?
Yes, you are responsible for your mortgage payment until the day of closing the sale to a new owner of the house. Any remaining balance will be paid through the proceeds at closing.
Can a mortgage company put a lien on my moms paid off home if she is a cosigner for my mortgage that is deliquent?
Yes, the mortgage company can do that. She co-signed for the loan and is responsible for it if you don't pay. She can lose her house.
Are heirs responsible for deceased parents mortgage debt?
No, the executor is responsible to insure the estate is taken care of. Them means either selling the house or paying off the mortgage. One way or another the debts have to be resolved before the estate is closed.
If my wife has a house in her name, only, and she dies am I responsible for the mortgage?
Only if your wife leaves the house to you as an inheritance are you legally responsible for her mortgage upon death.
If you are moving into your partner's house how do you put your name on the mortgage?
Unless your partner adds your name to the title and then refinances, there is no way for you to get on the mortgage.
Who has to leave the house when a legal separation is taking place and who is responsible for paying the mortgage?
You can be separated and still live in the same house. No one has to move.The mortgage payment is made by the person whos name is on the mortgage. If it is in both names you are both responsible.
In the state of Maryland both parents died there is no will are the surving children responsible for mortgage on the house?
No, the estate is responsible for the mortgage. This sounds like a case for getting the estate set up and get the house sold as quickly as possible.
Who is responsible for a mortgage if the owner dies before its paid off and the house is left to her son in a will?
The mortgage should be paid by the remaining estate. If there is not enough cash left to pay off the mortgage, the house can be sold and the mortgage paid at closing, or if the mortgage is assumable, the son may take on the mortgage as his own debt and keep the house.
What are the rights of an unmarried partner to the ownership of a house in Ireland when they do not have their name on the Deed nor contribute to the mortgage?
No rights.
Are you responsible if someone leaves your house drunk?
No, it's their responsibly. :)
Have found asbestos in your house are you responsible for the removal of the asbestos is the mortgage company responsible?
Unless the seller of the house offered you an assertion that there was no asbestos there, or local law says otherwise, you are responsible for any problems created by the presence of asbestos. The mortgage company gave you a loan, they have no responsibility for cleaning up asbestos.
If your name is on the deed but not the mortgage who is responsible for the mortgage when the house is sold?
The mortgage will be paid off from the proceeds of the sale. The buyer's attorney will make certain the mortgage is paid off before the buyer takes title.
In a judicial sale of a house are you still responsible for any mortgage left on the property or is that foregone with the sale?
no
Do you have to pay mortgage if your house is for sale?
Yes, you are responsible for your mortgage payment until the day of closing the sale to a new owner of the house. Any remaining balance will be paid through the proceeds at closing.
How long can you leave a house in a deceased person's name if there is no mortgage Who is responsible for the property taxes?
how long can you leave house in deceased name
