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Posted: Sun Mar 07, 2010 1:40 pm Post subject: Can Co-borrower force sale on home
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My Girlfriends mom co-signed/borrowed on a home mortgage. My girlfriend and I have made the payments from the begininng, her mom has made no payments. I have bank records that can back that up. However, here is the kicker, my girlfriend and her mother are no longer speaking, and the mom, wants the home out of her name, and into the girlfriend and my name. She is threatening to force sale if it is not done faster than ASAP. I have extremely poor credit, thus the co-signer. Girlfriend has poor credit as well.
one other side note. right after taking ownership of the property, the well stopped working, and her mom paid to have a new well put in. I did not request her to do this, as the existing well just needed some work. I signed no agreement with her regarding it either.
So heres the questions:
1) Can she force sale if I cannot get refinancing?
2) Does she have a legal leg to stand on with regard to wanting me to pay her back for a well I never asked for?
3) Does she have any rights to any equity if any in this home that she didnt make any payments on?
If it's relevent, this is in Minnesota.
Thank You for any input. |
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 smithsussane
Joined: 18 Sep 2008
Posts: 10439
Location: Alaska
985.83 Dollars($)
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