T
Tashana
Guest
Situation is this:
Pete and Jane, divorced,the divorce states that "Pete,is awarded,home #1,he is the sole owner and has a quick claim deed,Petes home is entirely in his Name." Jane is awarded home #2,A quick claim deed has been done,Divorce states she is the sole owner of that home."
Problem is,Pete's home is rented out, Pete has purchased another home,Pete applies for a loan and is refused because he has three morgages, " EX-Wife--Jane will not take his name off the house that she was awarded,so Petes name is also on the Loan.Janes says she does not want to PAY to have his named removed, and that if he wants it done he has to pay. Pete, Calls to pay to have this done but is told that he would still be held accountable if Jane Defaults and It would also show on credit report.So Pete says, why fight it.If he pays to take his name off, it still shows he shares responsibility>?
Even though there is a quick claim deed, my questions would be..
Question is : ":1) If the divorce states Jane is sole owner, But nothing has been done to take Petes name off loan or house,can PETE put a lien on the house? Borrow against it?
2) If this Janes house is being rented out, can Pete collect part of the rent?
*The divorce states they share the expense of changing the name,off house, His half was paid,When He paid for the divorce,and Jane agreed verbally to pay to take full responsibility of home that she was awarded. And pay the fees, as he paid for the divorce. through a verbal agreement........
Hope you can understand this...
Pete and Jane, divorced,the divorce states that "Pete,is awarded,home #1,he is the sole owner and has a quick claim deed,Petes home is entirely in his Name." Jane is awarded home #2,A quick claim deed has been done,Divorce states she is the sole owner of that home."
Problem is,Pete's home is rented out, Pete has purchased another home,Pete applies for a loan and is refused because he has three morgages, " EX-Wife--Jane will not take his name off the house that she was awarded,so Petes name is also on the Loan.Janes says she does not want to PAY to have his named removed, and that if he wants it done he has to pay. Pete, Calls to pay to have this done but is told that he would still be held accountable if Jane Defaults and It would also show on credit report.So Pete says, why fight it.If he pays to take his name off, it still shows he shares responsibility>?
Even though there is a quick claim deed, my questions would be..
Question is : ":1) If the divorce states Jane is sole owner, But nothing has been done to take Petes name off loan or house,can PETE put a lien on the house? Borrow against it?
2) If this Janes house is being rented out, can Pete collect part of the rent?
*The divorce states they share the expense of changing the name,off house, His half was paid,When He paid for the divorce,and Jane agreed verbally to pay to take full responsibility of home that she was awarded. And pay the fees, as he paid for the divorce. through a verbal agreement........
Hope you can understand this...