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In the eyes of the lender, each of you is responsible for the payment. If you are making the entire payment, do so directly to the bank and keep track of these payments. This gives you "vested interest" and if you sell, you get the value back in the percentage you paid. If you cannot make the payments, then it is time to sell or otherwise get out of the situation so that you do not end up being in a hardship situation.

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โˆ™ 2016-07-28 04:33:38
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โˆ™ 2005-10-31 16:50:29

If the two of you all have a written contract then you can take that person to a small claims court and sue for the unpaid balance and late fees.

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Q: If someone buys a house with someone else and one of them refuses to pay their half what are their rights?
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