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The co-owner on my deed and mortgage doesn't pay the mortgage or other bills and they come and go as they please saying there's nothing I can do. What are my options?
Wiki User
∙ 12y ago
You cannot remove a joint tenant from the deed. They would have to execute a deed voluntarily, transferring their interest in the property to you. You cannot make any changes to the mortgage that you signed. A co-borrower on any mortgage always takes the risk that the other borrower won't pay. Unfortunately, that means you will be responsible for paying the mortgage or the lender will take possession of the property by foreclosure.
You should consult with an attorney who can review your situation and explain your rights and options. You may need to sue the joint owner.
You cannot remove a joint tenant from the deed. They would have to execute a deed voluntarily, transferring their interest in the property to you. You cannot make any changes to the mortgage that you signed. A co-borrower on any mortgage always takes the risk that the other borrower won't pay. Unfortunately, that means you will be responsible for paying the mortgage or the lender will take possession of the property by foreclosure.
You should consult with an attorney who can review your situation and explain your rights and options. You may need to sue the joint owner.
You cannot remove a joint tenant from the deed. They would have to execute a deed voluntarily, transferring their interest in the property to you. You cannot make any changes to the mortgage that you signed. A co-borrower on any mortgage always takes the risk that the other borrower won't pay. Unfortunately, that means you will be responsible for paying the mortgage or the lender will take possession of the property by foreclosure.
You should consult with an attorney who can review your situation and explain your rights and options. You may need to sue the joint owner.
You cannot remove a joint tenant from the deed. They would have to execute a deed voluntarily, transferring their interest in the property to you. You cannot make any changes to the mortgage that you signed. A co-borrower on any mortgage always takes the risk that the other borrower won't pay. Unfortunately, that means you will be responsible for paying the mortgage or the lender will take possession of the property by foreclosure.
You should consult with an attorney who can review your situation and explain your rights and options. You may need to sue the joint owner.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoYou cannot remove a joint tenant from the deed. They would have to execute a deed voluntarily, transferring their interest in the property to you. You cannot make any changes to the mortgage that you signed. A co-borrower on any mortgage always takes the risk that the other borrower won't pay. Unfortunately, that means you will be responsible for paying the mortgage or the lender will take possession of the property by foreclosure.
You should consult with an attorney who can review your situation and explain your rights and options. You may need to sue the joint owner.
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