Compare Mortgage Quotes

jeanieladd · Joined: 03 Jun 2008 Posts: 2 2.09 Dollars($)

My ex and I divorced in 2005, and the decree states that I will be divested of all right, title and iterest in and to said real property. Well, the loan is still soley in my name and my current spouse and I are planning on purchasing a home in Florida. Luckily, all the payments have been prompt. What are my options? The ex doesn't have the credit or job history to assume the loan. Can a notarized Quit Claim Deed be enough?

cliff3 · Posted: Tue Jun 03, 2008 4:00 pm Post subject:

I would do a quit claim deed and get him to refinance the home. The reason I say this is because if he misses a payment is will have a negative affect on your credit!

jeanieladd · Joined: 03 Jun 2008 Posts: 2 2.09 Dollars($)

Problem is, he has no w-2 for last year and no recorded income aside from my alimony and child support. I don't even think he has filed an income tax for last year...isn't that illegal? Thanks, by the way.

cliff3 · Posted: Tue Jun 03, 2008 7:04 pm Post subject:

Wow that is terrible! Eventually he will have to deal with the IRS and it will not be pretty.

What is your new husband’s credit score?

Don't worry I'm here to help and we will figure this out. Very Happy

jheard · Posted: Wed Jun 04, 2008 8:02 am Post subject:

Sell the house, pay off the mortgage, and give the husband the excess proceeds.

cliff3 · Posted: Thu Jun 05, 2008 7:17 am Post subject:

Hi jheard, I hope all is well. How does she entice her husband to sell the house?

jheard · Posted: Fri Jun 06, 2008 1:36 pm Post subject:

Cliff: a motion to enforce the divorce judgment.

cliff3 · Posted: Sun Jun 08, 2008 8:12 pm Post subject:

O thanks! So with the motion to enforce her husband will be required to remove her from the mortgage?

jheard · Posted: Mon Jun 09, 2008 6:25 am Post subject:

No, the order will require him to sell the property at auction. Once sold, the mortgage will be paid.

Posted: Mon Jun 09, 2008 8:14 am Post subject:

THANKS

cliff3 · Posted: Tue Jun 10, 2008 6:01 am Post subject:

Jay I really appreciate having you on this site. Where in Houston do you office?

jheard · Posted: Tue Jun 10, 2008 8:07 am Post subject:

Westheimer and Wilcrest

Posted: Tue Jun 10, 2008 3:36 pm Post subject:

I'm out by the Galleria but, I used to live and work by the old Town and Country mall. Anything I can do to help you...

cliff3 · Posted: Tue Jun 10, 2008 3:37 pm Post subject:

Sorry about that mortgagefit had logged me out. The last post was from me.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

Mortgage still in my name and ex unable to assume