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Can a mobile home be quick claimed?

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Icon Mini Profile debnphil310





Joined: 09 Jan 2009

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Post Posted: Fri Jan 09, 2009 4:20 pm    Post subject: Can a mobile home be quick claimed?
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I have been divorced 9 yrs. my Ex can not get refinancing due to poor credit history and late payments. I need to have my name removed, he is ruining my credit!
Icon Mini Profile Samantha
Samantha
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Post Posted: Mon Jan 12, 2009 10:15 am    Post subject:
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Hi,

Do you mean the mobile home loan is still in your name? Even if you quitclaim the mobile home to your ex husband, it doesn't release your obligation because I think the loan is in your name, isn't it?

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debnphil

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Post Posted: Mon Jan 12, 2009 10:32 am    Post subject:
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The mobile home is and was financed in both our names, he was supposed to have it refinanced but due to his credit was not able to so, therefore it remains in both our names. I am looking for a solution to remove my name and responsiblity to this loan............... Anyone have an suggestions?
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

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Location: New Jersey
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Post Posted: Tue Jan 13, 2009 2:09 am    Post subject:
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Hi debnphil

In order to remove your name from the mortgage, your ex will have to refinance the mortgage in his name. As he does not have a good credit, lenders will not be ready to refinance the mortgage. There are various easy ways to improve credit. He can check out the following link to know more about them:
http://www.mortgagefit.com/credit-rating/credit-repair.html

Thanks.
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