community property unmarried

This is a discussion on community property unmarried within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; My husband entered into a contract to purchase our home prior to our marriage. On the purchase agreement is his ...

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Old Jul 25th, 2008, 10:43 AM   #1
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Question community property unmarried

My husband entered into a contract to purchase our home prior to our
marriage. On the purchase agreement is his former girlfriend of 9 days.
The contract states Betty *** or Bill *****. Betty was only in this home
for about 9 days and has never made any contribution to this house. We are
trying to finance the balloon payment, but are getting refused because of
the community property law. The time period for the balloon payment has
passed and we face losing our home unless we can gain financing for the
balloon payment. Since Bill and Betty were never married and the contract
states \"or\" is our home community property. We have tried for months to
locate Betty, but have had no success. We don\'t know what to do next.

Last edited by Granny Franny D; Jul 26th, 2008 at 11:15 AM.
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