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I agree and have discussed this with him in the past. He is unwilling to sell because the house was appraised for less than our purchase price and the potential gain of keeping the property long term. The area we purchased the home in is in being gentrified. I am very concerned about messing up...
The last time I asked, he said his application was denied and he did not qualify because his debt to equity ratio is too high. I don't know how honest he is about his financial situation. At one point he stated he would not be willing to refinance until the house was leased...essentially keeping...
The last time I asked, he said his application was denied and he did not qualify because his debt to equity ratio is too high. I don't know how honest he is about his financial situation. At one point he stated he would not be willing to refinance until the house was leased...essentially keeping...
I jointly own a property with me ex. I have decided to give him full ownership of the property as long as I can be completely removed from the mortgage freeing me of all legal and financial obligations. My only request is that he refinance but he wants to do a quitclaim deed and loan assumption...
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