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My current husband has a house loan in his name. In his divorce the house went to the ex (which is wha the wanted for his kids) Problem is the loan is soley in his name and she filed a quick claim deed on it. Now she makes the house payments but is constantly late on the payments, won't get house insurance, the mortgage company put an excrow on the account for the house insurance which only covers the frame of the house, now she didn't pay the property taxes so they put that money she owed in the excrow account. She went from a house payment that was 350.00 to 1200.00. She is now a behind and says it will remain behind until she gets her income tax return and there is nothing we can do about it. In the meantime we can't buy a house loan and she is screwing up my husbands credit. What are our options if any?

gunzijjistaff · Joined: 07 Apr 2009 Posts: 712 4.51 Dollars($)

Hi Wits End,

Welcome to our forum.

Late payment is enemy of your credit history & your financial success. Tell this massege to her. And give her important of credit history.

Thanks & Regards.
gunz.ijjistaff

smithsussane · Posted: Sun Sep 06, 2009 7:41 pm Post subject:

Hi Guest!

Welcome to forums!

Your husband is in a tough situation. It would have been better if he would have asked his ex-spouse to refinance the property once he quitclaimed the property to her. Your husband can get rid of the mortgage liabilities only if she refinances the property or goes for a novation. However, as she is late on her payments, I doubt if the lender would consider giving her anyone of these options.

Feel free to ask if you've further queries.

Sussane

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need help with Ex making house payments late