How Do I Get out of Joint Mortgage?

Answer

Getting out of a joint mortgage is not easy as all borrowers are jointly liable for the entire loan. To get out the lender must be satisfied that the other party can meet the repayments. In case of a divorce you are required to file a quit claim deed and present the leader with a divorce decree in time.
Q&A Related to "How Do I Get out of Joint Mortgage"
1. Sell the home. List the house with a realtor in order to find a new buyer for the property. Joint mortgages automatically dissolve upon the sale of a property. 2. Check your credit
http://www.ehow.com/how_12056274_dissolve-joint-mo...
You cannot sever a joint mortgage. It must be paid off.
http://wiki.answers.com/Q/What_happens_when_you_se...
Get your own solicitor. You need to end your tie to her on the joint mortgage and the joint account (and any other joint named bills or debts.) She could just go into the bank with
http://uk.answers.yahoo.com/question/index?qid=200...
You both own it equally.
http://answers.yahoo.com/question/index?qid=201308...
Explore this Topic
A joint mortgage is a mortgage that is given to two different people. The mortgage acts as a loan to help someone purchase a home or piece of property. With a ...
1. Maintain a high FICO score and steady employment. To remove a name from a joint mortgage, the person who remains on the mortgage loan must be in a position ...
1. Maintain a high FICO score and steady employment. To remove a name from a joint mortgage, the person who remains on the mortgage loan must be in a position ...
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