Question about a deed

[mje1994]

Massachusetts

Less than six months ago I purchased a property with my boyfriend. During the process of procuring the home in their name, my boyfriend hit a roadblock, when it was found that there were salary restrictions making it not possible to get a mortgage without a co-borrower. So that is where I came in. We would be moving in together as planned, I'd be paying my 50-50 portion of the mortgage - but the lawyer made it so I would have no stake in the property. I wasn't putting any money down, but without me - the deal would have fallen through due to no one willing to offer just him financing.

My problem is that I have absolutely no leverage whatsoever if we split. I'm still liable for the mortgage but on a property that is not mine. I was coerced by the lawyer to sign a quitclaim*, signing the deed over an hour before the closing even took place. The quit claim was filed away to be sent in a few weeks after the closing, and hours later I had the property signed over to my name by the former owner.

On the deed that is filed and viewable online, the book and page numbers are hand-written in.

How is it possible to sign over a property that I didn't own?

What is my recourse if we split and I'm left holding an expensive bag that I am unable to divest my mortgage stake in? I didn't put the capital down for the down payment, but without me there's no sale, is that really worth $0? Frankly, I don't want his money, but I'm really stuck here.


*By this point I had already broken the lease at my apartment I had rented for nearly 4 years and would have to scramble to find a new place, first and last/security, etc., while putting down big money for school, it would have been a choice of one or the other, a poison pill that had my hand forced.

[LindaP777]

Sorry, I have no good news for you.

I would tell some one never to buy real estate with someone you are not married to. In a divorce, the judge would make a decision about the house.

You have nothing to gain and still be on the hook for the mortgage when you split. And worse case, if he stops paying the mortgage, you'll have to make all the payment or risk ruining your credit.

What happens if you stay together 10 years, make all the payment 50-50 and then split? He would get all the equity at the sale of the house and you'd get 0.

[John Se]

change from him to you and him as joint tenants. He grants from himself you you and him self. then you have ownership in the house

[divona2000]

Originally Posted by John Se

change from him to you and him as joint tenants. He grants from himself you you and him self. then you have ownership in the house

Is a mortgage company going to let the boyfriend add his girlfriend onto the title, even if she is already on the mortgage?