| Author |
Message |
|
|
 daipenmax728
Joined: 30 May 2011
Posts: 1
1.38 Dollars($)
|
Posted: Mon May 30, 2011 12:51 pm Post subject: My husband is the only one working in this household, he han
|
 Like 0
 Dislike 0
|
|
| mortgage, which I really wasn't aware about since he does not let me handle the money. I have a six year old (not his biological child). I am currently unable to work and in have a Dissability lawyer that took my case , as they told me it will take another 8-10 months, but it is favorable from my Doctor's letters. So, I am stuck in this situation because he is the only one that is bringing home the money, we are on very shaky ground and he knows that I cannot go anywhere if I wanted to. He just wants to let this house go because he says it's in disrepair and would cost at least 15,000, to fix up but, in the meantime he is not saving a dime for another place, I am afraid for myself and son. |
|
|
jameshogg
Joined: 20 Dec 2005
Posts: 10477
Location: Nevada
990.06 Dollars($)
|
|
|
gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 12376
Location: bloomfield, ct
58.49 Dollars($)
|
|
Posted: Tue May 31, 2011 8:44 am Post subject:
|
Like 0
Dislike 0
|
|
This is a sad situation, especially given your disability; which I have to gather prevents you from working.
You don't have much recourse here, with the only current income being your husband's. You didn't mention title to the property, but that leads me to believe that you and he are joint owners. If that's the case, James' comment about selling the home isn't relevant.
Are you liable for the mortgage debt? In other words, did you sign the promissory note when you purchased the home? If so, you ought to pick up the phone and contact the lender to see what, if any, arrangements might be made to assist you.
You're in a tough spot, as you noted. The disability lawyer might be able to suggest a real estate attorney who could give you a few solid words of advice.
_________________
George M. Akerley
Mortgage Underwriter/Consultant
Word of Excellence- Writing/Editing/Proofreading
860-221-5044
|
|
|
Mortgage Forums 
