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I want to out of the loan

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teejee2002 Joined: 03 Feb 2011 Posts: 1 1.28 Dollars($)	Posted: Thu Feb 03, 2011 9:40 am    Post subject: I want to out of the loan Like 0 Dislike 0 Me and friend own a property but only my name is on the loan documents is name is not there and both names are on the deed of trust. We cannot refinance it because the value of the property has dropped to half of the price we bought the property. What can I do to be out of the loan?
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Fri Feb 04, 2011 12:16 am    Post subject: Like 0 Dislike 0 Hi teejee, You will have to sell off the property and pay off the mortgage in full in order to be out of the loan. Thanks

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