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Sister signed over house 4 years ago can she get some equity in a divorce?

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Icon Mini Profile rondamcp





Joined: 06 Apr 2010

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Post Posted: Tue Apr 06, 2010 5:11 pm    Post subject: Sister signed over house 4 years ago can she get some equity
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She is getting a divorce. Foolishly she signed over the house 4 years ago, 'claiming she didn't know what she was doing'. She has also said she did it because her husband told her that he had to because her credit was bad. This was prior to the marriage troubles (seems like hindsight is 20 20 now) Regardless, the house is in deep forclosure but there is surprisingly about 100K equity still possible. Is there some way she can claim 1/2 of the sale?
We are in California
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
990.06 Dollars($)
Post Posted: Tue Apr 06, 2010 9:21 pm    Post subject:
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Hi rondamcp,

I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/propertytransfer/house-sister.html#159138

Take a look at it. Hope it helps you.

Thanks
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