Results 1 to 2 of 2
  1. #1
    Join Date
    Nov 2007
    Posts
    1

    Default Rights to Sell a Jointly Owned House

    I just recently purchased a home jointly with my girlfriend in Mass. However, now our relationship is in trouble. We were never married and have only been living together for two months. What are my/our options with the house. She has very limited income. She also has kids. None mine and I am not legaly responsible for the children.

  2. #2
    Join Date
    Jul 2006
    Location
    Ohio
    Posts
    1,126

    Default Re: rights to sell a house owned Jointly

    Quote Quoting kahuna
    View Post
    I just recently purchased a home jointly with my girlfriend in Mass. However, now our relationship is in trouble. We were never married and have only been living together for two months. What are my/our options with the house. She has very limited income. She also has kids. None mine and I am not legaly responsible for the children.
    Either of you can refinance the home in your own name. The other option, which is a partition lawsuit, is expensive, and will likely cost more than whatever amount of equity either of you have in the home. You can both decide to put it on the market.

    In the meantime, if both of your names are on the house, then you are both responsible for making the payments or having your credit ruined by not making them.

    1. Sponsored Links
       

Similar Threads

  1. Chapter 7: Effect of Former Spouse's Bankruptcy on Jointly Owned House
    By StormMaster in forum Bankruptcy Law
    Replies: 4
    Last Post: 04-02-2009, 12:12 PM
  2. One Heir Wants To Sell Jointly Inherited House
    By Timmo in forum Estate Administration and Probate
    Replies: 1
    Last Post: 10-20-2008, 02:13 PM
  3. Divorce: Rights of Jointly Owners of a House After Divorce
    By Eliana in forum Divorce, Annulment and Separation
    Replies: 2
    Last Post: 07-16-2008, 11:55 AM
  4. Co-Ownership: Recovering a Share of a Jointly Owned House
    By zigtozag in forum Ownership and Title
    Replies: 3
    Last Post: 11-05-2007, 08:02 PM
  5. What is Needed From a Co-Owner to Sell Jointly Owned Property?
    By JLoh1970 in forum Buying, Selling and Conveying Real Estate
    Replies: 3
    Last Post: 10-29-2007, 11:59 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
 
Forum Sponsor
Home Sales Contract
Everything you need to buy or sell a house, for all 50 states.




Untitled Document