Do I have to refinance a mortgage after a separation?

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My father gave my 2 sisters and myself $ 20,000 each, and my mother contributed $ 5,000. They said here, use it to buy a house or have a wedding. I have a son with my boyfriend and we have been together for 3 years. I decided that even though we werent married I would share this money with him and buy a house. The truth is I would have never been approved for a loan on my income alone. So we put both names on the mortgage. It’s been since december and I’m having second thoughts. He verbally abuses me, which sometimes leads to some grabbing and pushing. he has explosive rage, I walk on eggshells all the time and this is simply no way to live, especially for my son! I plan to have him leave. Most likely he will, but how do I handle the title? this is all he has against me. will I have to refinance? I doubt anyone would approve me? do I need a lawyer? I don’t want to lose this house It’s all I have as far as assets and I really feel that it’s mine! the money came from my family and we could have had a good life together but threw that away when he decided to leave bruises on me

PS: I have copies of the checks written from my family out to me as well as the bank reciepts from when I deposited the money into my account if that helps at all

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6 Comments
  1. Reply
    capcajun
    May 17, 2011 at 8:46 am

    Here is a hint, and you answered it yourself. GET A LAWYER ASAP OR KISS ALL THAT MONEY GOODBYE

  2. Reply
    D
    May 17, 2011 at 8:47 am

    All you need to do is get him to quit claim the property just to you. Then have it recorded. It is really not that difficult but you will probably need some legal help. Also make sure the final decree of divorce puts in there that the house if yours.

  3. Reply
    YogPat
    May 17, 2011 at 9:40 am

    No, you don’t have to refinance until court orders you to refinance. Why let him him off the hook for mortgage?

    If his name is on the deed, then you need to get Quit Claim on the Deed from him to get it removed from the title.

    Please note that having name on the title and on the mortgage are two different things. Generally, you have it on the both as bank won’t give you mortgage otherwise.

  4. Reply
    sparty
    May 17, 2011 at 9:41 am

    you definately need advise from either a real estate agent and or a lawyer. refinancing does not get rid of him.

  5. Reply
    Joy
    May 17, 2011 at 10:05 am

    I am Joy Anderson i was in need of a loan of $ 100 000 USD and was scammed by those fraudulent lenders and a friend introduce me to Mr John clarke,and he lend me the loan without any stress,you can contact him at clarkeloanscompany12@yahoo.com

  6. Reply
    seattleman
    May 17, 2011 at 10:43 am

    His name is on the mortgage. Legally, he owns half the house and is liable for the payments, just like you and the bank/lender isn’t going to let him off the hook. You’ll either have to keep the existing mortgage as it is, find a way to refinance in your own name, or sell. I know, it sucks.

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