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Money Management

You your cousing cosigns your mortgage will he be part owner of the house you are buying?

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Wiki User
2007-06-23 17:19:59

yes, and if you and your cosigner get into a disagreement. you

would have to take them to court to get them off the mortgage if

they dont agree. and they could sue you for half of what your

mortgage is worth. and if they win you pay them what they won and

then they can be taken off. but yes they own half.

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