steveh2142
Junior Member
What is the name of your state (only U.S. law)? PA
My girlfriend (at the time) and I purhcased a house in January of 2009. We lived together there and split the mortgage 50/50 until she chose to leave me in October. She continued to pay her half of the mortgage, becuase she had an obligation to do so, while we attemtped to work our relationship out. It's now March of 2010 and we are deciding to move forward with out each other. She doesn't want the house, I would like to stay in it. Is it possibe to have her name removed from the mortgage/title etc? Or can I buy her out for practically nothing ($1)?
At the time of purchase neither of us made any investment, downpayment, into the purchase. We used a FHA loan. My family gifted us the cost of closing fees (roughly 6 grand). With only owning the house for just over a year we haven't been able to build any equity into it. Neither of us would stand to make any money off selling the house, we actually would end paying out in realtor fees.
Any thoughts?
My girlfriend (at the time) and I purhcased a house in January of 2009. We lived together there and split the mortgage 50/50 until she chose to leave me in October. She continued to pay her half of the mortgage, becuase she had an obligation to do so, while we attemtped to work our relationship out. It's now March of 2010 and we are deciding to move forward with out each other. She doesn't want the house, I would like to stay in it. Is it possibe to have her name removed from the mortgage/title etc? Or can I buy her out for practically nothing ($1)?
At the time of purchase neither of us made any investment, downpayment, into the purchase. We used a FHA loan. My family gifted us the cost of closing fees (roughly 6 grand). With only owning the house for just over a year we haven't been able to build any equity into it. Neither of us would stand to make any money off selling the house, we actually would end paying out in realtor fees.
Any thoughts?