---

girlfriend on title

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
mariene03 Guest	Posted: Fri Jul 08, 2011 2:26 pm    Post subject: girlfriend on title Like 0 Dislike 0 My boyfriend and I bought a property last year, both on title but only him on the mortgage loan. Now we broke up and he wants me to sign off the property. If I don't sign, what are the chances of me getting sued? Considering, if he offer monetary settlement how much is reasonable? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Sun Jul 10, 2011 7:00 pm    Post subject: Like 0 Dislike 0 Mariene, a settlement equal to half of the equity that you have in the home is eminently fair. I'm not sure what you're worried about with being sued, but it would seem a perfect situation for the two of you inasmuch as you're not obligated on the promissory note. An even exchange - your signature for a share of the equity - and that will eliminate all your mutual woes, presumably. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0