Is there anyway to get off the deed and the mortgage?

This is a discussion on Is there anyway to get off the deed and the mortgage? within the Other Real Estate Law Matters forum, part of the REAL ESTATE & PROPERTY LAW category; I started buying a house a few years ago with a significant other, both of our names are on the ...

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Old Jan 7th, 2007, 12:06 PM   #1
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Default Is there anyway to get off the deed and the mortgage?

I started buying a house a few years ago with a significant other, both of our names are on the deed. We are now just roommates, for over a year, and I'd like to get out from under this but...we can't agree on anything.

About six months ago, our mortgage that was locked had to be re-mortgaged...and I was put on the spot and didn't think it out like I should have...and refinanced the mortgage through his bank and signed my namee to the mortgage.

I know I could do a quit claim on the house to get out from under it but I feel like I would be losing out....and I also realize even if I did that, I would still be on the mortgage...so that defeats my purpose too!
Is there anyway to get off the deed and the mortgage?

Another question is at the time of re-mortgaging he somehow got a loan too...for 17,000 dollars...a check that I did not have to sign for??
(But it was against the house?...(of course, I didn't see any of it!) How was that legal without my signature on the loan part?

Any advice would be appreciated.
Thanks
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Old Jan 8th, 2007, 01:05 PM   #2
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Default Re: questions?

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.
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