Kingfish007
New Member
My wife had mortgage on the house before we were married 20 yrs ago, but after 3 refinances and me helping pay for it for the past 20 yrs, Is the house only "hers" or "ours"?
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My wife had mortgage on the house before we were married 20 yrs ago, but after 3 refinances and me helping pay for it for the past 20 yrs, Is the house only "hers" or "ours"?
My name is NOT on the mortgage or the deed. She want to let the house go into foreclosure and I am unable to convince her otherwise. I am also unable to talk to the mortgage company concerning saving the house. Her ship is sinking and I am the only one bailing water. Should I bother bailing water or just bail on the house?
Well, as it turns out, the same next door neighbor has offered to sell ME his house for pennies on the dollar, seeing how it was GIVEN to him. I intend to buy it in MY name, however, in FLORIDA I think she has to be on the deed or the mortgage because we are married.....ironic isn't is?
Our next door neighbor recently went into foreclosure. A disabled veteran that went through divorce and could no longer afford the house. BUT instead of taking the house, the bank GAVE IT TO HIM. My wife thinks her mortgage company is going to do the same. Both of the houses are over 60 yrs old and in a flood zone.
Well, as it turns out, the same next door neighbor has offered to sell ME his house for pennies on the dollar, seeing how it was GIVEN to him. I intend to buy it in MY name, however, in FLORIDA I think she has to be on the deed or the mortgage because we are married.....ironic isn't is?
Update: My seller has his own issues. During his recent divorce, the wife had "given up all rights" to the property while the house was mid-foreclosure. They were losing the house and she did not want to be responsible for any debt left on the note. HOWEVER, a year after the divorce is finalized, the husband/seller gets a letter from the bank that simply gives him the house. Just gave it to him.
NOW, the wife finds out that he is no longer losing the house and in fact $elling it! $he wants a piece of the pie and refuses to sign the deed of the property so he can get a clear title to sell to me. He is now taking proper steps to rectify this, but it is prolonging my exit from my current situation. Any way he can speed this up a bit?
It is inevitable that I consult with an attorney. I just post here to get some advice and third party perspective to enlighten and entertain my pretrial intentions. Thank you for your quick response AJ.