Bought house w/ boyfriend, now its over...what to do with the house??
This is a discussion on Bought house w/ boyfriend, now its over...what to do with the house?? within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; I bought a house in May with my boyfriend of two years. Now two months later, he wants to call ...
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#1 |
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Bought house w/ boyfriend, now its over...what to do with the house??
I bought a house in May with my boyfriend of two years. Now two months later, he wants to call it quits and wants me to move out. He wants to refinance the house in his name, but I do not think he would qualify alone because neither of us initally qualified for the home with out the others income. Can he refinance the house without my approval or signing a quit claim deed?
I want the house to be sold, however the house is in a new housing area , so I think selling it would be impossible at this point. I do not want to sign my rights to the house over to him with a quit claim deed. Is there any way I can force the house to be sold? Are there any special stipulations that can be tied to the quit claim deed saying he has to give me half of any equity in the house? I have no clue what to do at this point. Any help any one can offer would be greatly appreciated. Thank you. |
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#2 |
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If two or more owners cannot agree on what to do with a piece of property they may petition the court and the court will order a sale or refinancing etc. so that the one or more may get out of the property obligation and/or the other(s) may keep it etc.--it is often done-- (This is true in some cases even for equitable owners that have paid various amounts etc., but for various reasons, may not be on title.)
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#3 |
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Junior Member
Join Date: Jun 2009
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Petition for partition. Do not sign the quit claim or you won't have any rights to it. Find out about a petition for partition. I was told about this because I am currently in the same boat with my ex. He will either have to buy out your share of the home so that he can keep it or it will have to be sold. The way it was told to me was that if he couldn't pay you what half of the house is worth, the house would be auction off on the court house steps and your outstanding mortgage would be paid first and if there is anything left over it would be split between the two of you and he would be without a home. Check into talking to a lawyer that offers free legal advice in your area, be sure to talk to someone in the county that your house is in. Hope this helps and good luck.
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#4 |
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I bought a house too, except soley, by myself. My boyfriend put 15% down and now before he moves out he wants it back or he threatens to put a lien on the house. Does he have this right?
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Bought house w/ boyfriend, now its over...what to do with the house??






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