blackmoss12
Junior Member
Indiana
The property settlement agreement in my divorce states that my ex-wife was to sell the property in which she is currently living in April of 2004. I was to receive 25% of the net sale after closing costs and payment of mortgage balance. Her payment history on the mortgage gets worse by the month. She is perpetually delinquent, and because my name is on the mortgage, this is killing my credit - making it impossible for me to buy a home with my current wife. I'm beyond the point of wanting any of the money I rightfully deserve from the sale of the home. I assume after closing costs and mortgage repayment, my 25% would be nothing anyway. All I want is my name off of the mortgage - I want a quit claim deed. She says she can't sell it. She says she can't qualify for refinancing without my name. What can I do to get out from underneath this?
The property settlement agreement in my divorce states that my ex-wife was to sell the property in which she is currently living in April of 2004. I was to receive 25% of the net sale after closing costs and payment of mortgage balance. Her payment history on the mortgage gets worse by the month. She is perpetually delinquent, and because my name is on the mortgage, this is killing my credit - making it impossible for me to buy a home with my current wife. I'm beyond the point of wanting any of the money I rightfully deserve from the sale of the home. I assume after closing costs and mortgage repayment, my 25% would be nothing anyway. All I want is my name off of the mortgage - I want a quit claim deed. She says she can't sell it. She says she can't qualify for refinancing without my name. What can I do to get out from underneath this?
