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Answers (4)
Best Answer
- Nicasio11
- Contributions:1
You are not screwed if the house depreciates and he has to foreclose. Only he is screwed. I wish my name wasn't on some loans right now. lol
If you are worried about divorce, in many states it doesn't matter if only one spouse is on the deed. They are shared property states.
If you are worried about divorce, in many states it doesn't matter if only one spouse is on the deed. They are shared property states.
- L Kay, "Just Biz"
- Contributions:7
Is the title the "Deed"?
- Naoma Doriguzzi, "Naoma Doriguzzi"
- Contributions:41
Yes as long as your name is still on title you are fine. His income and credit was the only one to qualify on the current home. If you are on title - then you still own the home - just not liable for the mortgage.
- wetdawgs
- Contributions:26854
Is your name off the title as well as the loan? If it is still on the title, you are fine. If it was removed from the title (and you would have had to sign a document for this), then start pushing to get your name back on the title.
when we refi my husband said I had to be taken off the loan so now im not on it when we purchased st
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