T
tishters
Guest
What is the name of your state? PA
My ex boyfriend and I purchased a house two years ago (this month) together. We split up last year and I moved out and he has been living there since then and paying the mortgage solely. He has two roommates (they did not sign legal contracts). We had a verbal agreement that he would buy me out by about this time next year.
It is becoming increasingly clear that he will not be able to do this, and I am increasingly unhappy with this situation. I want my name off this joint ownership and my money out of the house. I have a few questions...
1) WERE he to buy me out I presume he would actually need to BUY the house? Not simply refinance or give me the money and I take my name off? I guess the mortgage company would not allow this sort of thing?
2) With him living there solely and paying the mortgage would he have any legal recourse against me if he so chooses? Do I need to push this issue now before he starts thinking about this? (ie, try to legally claim the house as his?) I paid 1/2 the mortgage payments for the first year and put the entire down payment down.
3) If I need to force the issue: As far as I have been able to tell (I'm no attorney and the legalese is kind of confusing to me) I can force the sale of the house by partition and that will be that. We'll both have to sell and both split the money. Is this correct? Will I need a lawyer to do this?
4) As far as lawyers go, I am not in a good position to pay for one at the moment (I lost my job earlier this year and am still playing catchup). Would I need a real estate lawyer or a divorce lawyer (even though it's not technically a divorce)? Do lawyers tend to agree to payments AFTER the sale of the house (just take a fee from my cut)?
Thanks to all for any response. This has been weighing very heavily on my mind.
My ex boyfriend and I purchased a house two years ago (this month) together. We split up last year and I moved out and he has been living there since then and paying the mortgage solely. He has two roommates (they did not sign legal contracts). We had a verbal agreement that he would buy me out by about this time next year.
It is becoming increasingly clear that he will not be able to do this, and I am increasingly unhappy with this situation. I want my name off this joint ownership and my money out of the house. I have a few questions...
1) WERE he to buy me out I presume he would actually need to BUY the house? Not simply refinance or give me the money and I take my name off? I guess the mortgage company would not allow this sort of thing?
2) With him living there solely and paying the mortgage would he have any legal recourse against me if he so chooses? Do I need to push this issue now before he starts thinking about this? (ie, try to legally claim the house as his?) I paid 1/2 the mortgage payments for the first year and put the entire down payment down.
3) If I need to force the issue: As far as I have been able to tell (I'm no attorney and the legalese is kind of confusing to me) I can force the sale of the house by partition and that will be that. We'll both have to sell and both split the money. Is this correct? Will I need a lawyer to do this?
4) As far as lawyers go, I am not in a good position to pay for one at the moment (I lost my job earlier this year and am still playing catchup). Would I need a real estate lawyer or a divorce lawyer (even though it's not technically a divorce)? Do lawyers tend to agree to payments AFTER the sale of the house (just take a fee from my cut)?
Thanks to all for any response. This has been weighing very heavily on my mind.