Georgia-
My husband and his best friend bought the house we live in over a year ago , last week are friend decided he was leaving the state and didn't want anything to do with are house anymore, he does not want to pay his share , and he does not want to be on the home loan . we don't want to refi because that will bring are payment up higher. we decided we want to sell the house, but can not get a hold of are friend in any way to at least sign papers.. what else can we do to get him off the paper work ?
He assumes that because he is a co-signer he is not obligated, is there an abandonment law for real estate ? or will a quit claim deed be enough for us to sell the house ?What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?
My husband and his best friend bought the house we live in over a year ago , last week are friend decided he was leaving the state and didn't want anything to do with are house anymore, he does not want to pay his share , and he does not want to be on the home loan . we don't want to refi because that will bring are payment up higher. we decided we want to sell the house, but can not get a hold of are friend in any way to at least sign papers.. what else can we do to get him off the paper work ?
He assumes that because he is a co-signer he is not obligated, is there an abandonment law for real estate ? or will a quit claim deed be enough for us to sell the house ?What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?