Back to Results
I bought a house but I didn't have enough income, so I have a co-signer to co-sign for me. I am the owner of that house.His name is right next to me on the mortgage. But now the co-signer wants to sell the house when I have never missed any payments. Is it legal for the co-signer to do that? What rights does the co-signer has on my house? If the co-signer want to sell the house, can I sue him for seize possession of a property?
Please enter a valid email address.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.
Please enter text in the "Enter the text to display" field.
Please enter text in the "Enter URL" field.
Please enter a valid URL.
Please insert a video embed only
Can't help but to pile on...What were the original agreements (written or otherwise) when the other person agreed to co-sign for the loan? How long has it been since the house was purchased, and have you been able to make any progress towards taking over the loan on your own?Since the loan on "your" house is impacting your co-signer's credit, what are their rights and what is their motivation for wanting to sell? Are they wanting to move forward with their own lives, but need to get out from under this mortgage to do so?On a "really?" note, I second Wetdawgs' amazement that you're considering suing a person who put their financial neck on the line for your benefit. I'll take it one step further, as it is very likely that this person is also related to you - so you're willing to consider suing family who helped you out?On a more practical note, bringing in an attorney is going to be a lose-lose-lose proposition. No matter who prevails legally, you will both lose. On top of that, everyone will incur legal expenses - only the attorney will "benefit".Find a way to settle this. The person who co-signed stuck their neck out for you, it's time to reciprocate.
Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.
For Sale: $244,900
For Sale: $449,900
For Sale: $199,000