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Since the house was used as collatoral for the loan you would have to use your equity in the house to pay off the loan.

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โˆ™ 2006-03-18 12:30:31
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Q: If your ex was court-directed to pay off your home-equity loan in the divorce can you sell the house without using your own equity to pay off the loan if he cannot refinance or pay in a lump sum?
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Related questions

If you paid the equity to your spouse from your divorce and obtain a quick claim deed can his name be dropped from the deed without refinancing?

It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.


If you are going through a divorce can one spouse sign over their half of the mortgage to the other party without having to refinance?

It is my understanding that if both are on the mortgage, you must refinance so that you are both not held liable for the balance. If still on the note the other person would not be able to qualify for another house, car, etc. without that being considered as part of their debt.


I want to refinance and pay down my existing mortgage by nearly half, in order to make my monthly payments smaller. Can I do this with a "no cost" refinance and not borrowing any money in the refinance?

I think if you can effort for it you can have a refinance without borrowing the money.


Can a divorce be filed without a lawyer?

Yes, divorce can be filed without a lawyer. Pro se divorce, also sometimes referred as do it yourself divorce, entitles parties to file divorce without a lawyer or attorney.


Can my wife divorce me without me knowing?

No, your wife cannot divorce you without you knowing in most cases in the United States. You can be divorced without consenting to the divorce, but you will be notified of the actual divorce decision.


Can your cosigner refinance your car without your permission?

No. As the one who originally took out the loan, they cannot refinance your car loan without your permission. The only thing they can do (and have to do) is to pay your payments if you default on the loan.


Can you get a divorce without a marriage certificate in UK?

can you get a divorce in the uk, without a marriage certificate?


Can you refinance home equity loan without touching the first loan?

That's what a refinance is changing the terms. However, if you have equity, can get a 2d as alternative.


How do you get your ex off of the mortgage without refinancing?

You can't. You must refinance.


How can I refinance my mortgage without a job?

get a job u lazy heffer


Can you divorce your mate without telling them?

no , they have to sign the divorce papers.


Can your husband divorce you in Las Vegas without consent?

can your husband get a divorce in las Vegas without your consent


If you bought a house and had it financed with a cosigner are they on the deed and if you are able to refinance yourself can you do it without them?

Since you are both on the loan you are both on the title. You can refinance without them on the loan but would need them to sign the title over or transfer at close.


How do you file for divorce in Minnesota without a lawyer?

In order to file for divorce without a lawyer you must go to the family court in the county that you wish to file divorce in.


Can you remarry without a divorce?

no.


Can you divorce without your husband consent in Zimbabwe?

It depends on the reason for the divorce


Can you get married without proof of divorce?

You can get married without a divorce , but if found out you could face bigamy charges as well .


Can you get a divorce without your husband signature in NYC?

You can get a divorce without your spouse's signature but it is more complicated and time consuming.


Can my husband file a divorce without marriage certificate?

Can a husband and wife get divorce without marriage certificate around them


Can primary owner refinance a car loan without consent from co-owner?

A primary owner cannot refinance a car loan without consent from the co-owner. Both parties must agree to the action.


Can you refinance with no job but a lot of equity?

You typicaly can't refinance without any source of income. Lenders will bot borrow to those who dont have the capacity to repay the debt.


Can you get divorce in ga without husband?

no because divorce is only for the couple married


Can a person remarry without a divorce?

No


Can you file for a divorce in nys without your spouses SSN?

In NYS you can file for a no fault divorce without getting consent from your husband. As a result, you will not need his information to serve your husband divorce papers.


Can you marry without being divorce in America?

Only when your divorce is finalized by a court of law.