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What can you do if your boyfriend leaves you with a joint mortgage payment?
Wiki User
∙ 15y ago
You have a serious problem and need to seek the advice of an attorney. If you co-signed the mortgage and the other co-signer refuses to pay then the bank will expect you to pay. You should place the property for sale but you will need the other owner's signature on any agreement and on the deed if a buyer is found. In the meantime, you need to keep up the mortgage payments so your credit won't be destroyed by a default.
Wiki User
∙ 15y ago
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What happens when you sever a joint mortgage?
You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.
Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?
No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.
What happens to the joint mortgage holder of a take over mortgage if the original mortgage holder pays the loan?
The joint person is still responsible until the loan is paid off or refinanced out of the person's joint name.
Is it possible to get a mortgage in my name if i already have a joint mortgage?
Sure, as long as your resulting monthly payment and downpayment are within the lending instiutitions acceptable guidelines for "loan to value" and "debt to income" ratios and your credit rating is good, you can qualify for any type of new loan, including a mortgage.
Do you have to be married to have a joint mortgage in Florida?
No.
Your husband passed away you have joint mortgage do you still have to pay mortgage?
yes
If you have a joint mortgage with an ex partner and you are refused a chage of parties for your joint mortgage are there any other options to getting them off the mortgage?
contact a real estate attorney in your state to assist you
Can you take your partners name of a joint mortgage if they are not paying their half of the mortgage as per agreement?
no
What if 2 people are on a mortgage and one moves out of the home in North Carolina?
The names on a mortgage are not what decides ownership, the deed to the house is the determining factor. Married couples generally own a house by Joint Tenancy With Surviviorship Rights, Joint Tenancy or in a few states Tenancy By The Entirety. Even if one spouse leaves the residence he/she does not lose their rights of ownership.
You on the deed but not the mortgage. When partner dies what happens You are on joint tenancy with him on the deed?
You own the land subject to the mortgage.
To renew a joint mortgage do both parties have to sign?
Yes.
Is a joint mortgage needed for joint ownership?
Not necisarily. If you are married and the house was bought after the marriage then no. If you are married and the house was bought before the marriage and the person that did not originaly buy the house made one payment on it or you had a joint account that the payments came out of, then they are half owner. If you are just living together with no marriage, then the house it the person's that bought it, but you have to be carful of common law marriage.
