0
Can an unmarried couple that buy a house then break up can one person get the house put in their name and force the other person to sign off of the mortgage?
Wiki User
∙ 16y ago
If both names are on the mortgage you both have rights. Never sign anything that cancels your right to your share. See a solicitor who will negotiate for you, particularly if there is equity in the property. Also you must bear in mind that if you remain on the mortgage and you both go your separate ways you are still liable for the charges on that mortgage. You must decide whether you want to be removed completely. Otherwise the other person could run up debts by not paying the mortgage and this will also blacklist you. It will make it very difficult for you to get a new mortgage in the future if your mortgage account is not managed well. The mortgage lenders will look for payment from both parties if your name remains on the deeds.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
For what purposes might one use a lending tree mortgage calculator?
A lending tree mortgage calculator can be used to predict what kind of home one can afford; to estimate one's monthly mortgage payments; to figure out when one can expect to break even on their mortgage refinance loan; or to see how one's mortgage compares to today's rates.
Where can one find current Fannie Mae mortgage rates?
One can find the current Fannie Mae mortgage rates online at a website known as BankRate. This will break down the average rate in the periods of one week ago, one month ago and one year ago.
Can someone get there name taken off a mortgage due to break up?
No. The mortgage must be refinanced in exchange for a deed of the other owner's interest. You each should consult with an attorney and draft an agreement.No. The mortgage must be refinanced in exchange for a deed of the other owner's interest. You each should consult with an attorney and draft an agreement.No. The mortgage must be refinanced in exchange for a deed of the other owner's interest. You each should consult with an attorney and draft an agreement.No. The mortgage must be refinanced in exchange for a deed of the other owner's interest. You each should consult with an attorney and draft an agreement.
How do you start a mortgage signing agency?
Im suggesting you start with a montage because, as we all know: even rocky had a montageeee!!! Once said montage has begun, run up some stairs, write some mortgage documents then randomly break out to some up beat work out song and you'll be a o k!
What are points on a mortgage?
Mortgage Points When you close on a mortgage, you are given the option to buy "points". These points are a fee paid to the lender that lower the interest rate on the mortgage. One (1) point = 1% of the mortgage amount, and will typically lower your interest rate by 0.125% on a 30 year loan. How do I know if I should buy Points? Whether or not you buy points is a function of how long you will keep your mortgage. Generally it will make more sense to buy points if you plan to hold onto your mortgage for a long time, and you can calculate the breaken number of years for buying points to make economic sense. About.com offers the following advice on determining this breakeven point: * "1. Calculate the amount of your monthly payment at the interest rate you will be charged if you do not pay points. * "2. Calculate the amount of your monthly payment at the lower rate if you do pay points. * "3. Deduct the lower payment from the higher payment to find the amount saved each month. * "4. Divide the amount charged for points at closing by the monthly amount saved. The result is the number of months you must keep the loan to break-even on paying points." About.com continues with an example, showing the breakeven mortgage hold period for buying 1 point on a $100,000 30-year 7.5% loan is 117 months. If you hold the mortgage less than 117 months, it won't make economic sense to have purchased the points.
What are the release dates for Gimme a Break - 1981 An Unmarried Couple 1-19?
Gimme a Break - 1981 An Unmarried Couple 1-19 was released on: USA: 1 April 1982
What are the responsibilities of credit card debt for unmarried couple break up?
The name on the account. If both names are on the account, both are fully liable for the debt.
How do you break up with a couple in audition?
Type : Break couple
What is the best rumor to spread if you want to break a couple up?
Dat Ur Cheating On The Person Yuu Wanna Break Up Wid :P
How can you break a couple up?
1. talk bad stuff about one of the person in the relationship and tell the other one 2. get a friend and tell her/him to kiss one of the person in the relationship and take a pic and send it anonymous to the other person in the relationship so that is how u break up a couple </3
What is Mortgage EMI Sleeping PeriodMortgage EMI Sleeping Period offers mortgage borrowers a break from making mortgage EMI payments, It allows borrowers to utilize their EMI payments for other emergencies?
Mortgage EMI Sleeping Period offers mortgage borrowers a break from making mortgage EMI payments, It allows borrowers to utilize their EMI payments for other emergencies. Mortgage EMI Sleeping Period can be a huge relief to borrowers presently as the interest rates have been increasing.
What do you do to break up a couple?
You do not make a couple break up and if you try then you will end up the fool. If you are trying to break up an ex boyfriend or ex girlfriend from their new love then by trying to break them up they will just detest you in the end. It is best to move on and if you are meant to be together then you will be.
Can a landlord break a rental lease agreement early because he did not pay the mortgage payments on the house and mortgage company is going to foreclose?
Depends on the local and state laws.
What are the release dates for MTV Spring Break Tila Tequila's Spring Break Fantasy Couple - 2008 TV?
MTV Spring Break Tila Tequila's Spring Break Fantasy Couple - 2008 TV was released on: USA: 22 March 2008
For what purposes might one use a lending tree mortgage calculator?
A lending tree mortgage calculator can be used to predict what kind of home one can afford; to estimate one's monthly mortgage payments; to figure out when one can expect to break even on their mortgage refinance loan; or to see how one's mortgage compares to today's rates.
How can you break up a couple on Avatar U?
You can break up a couple by getting one of the people involved in the relationship to get another boyfriend/girlfriend. Then you get the two people that the cheating character is with to talk to one another. After they talk they will discover that the cheating person is cheating and will most likely talk to that person and break up. Hope that makes sense! Yea if you get another one to cheat then have the people their cheating on talk they will figure out that the persons cheating and get them to talk and they will dump them. But he two people they cheated on will become enemies.
What is is a breaker?
A person or thing that is going to break A person or thing that is going to break
