I have a mortgage on my name but house is not on my name anymore, person responsible for paying the
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Get an attorney.
I have a mortgage on my name but house is not on my name anymore, person responsible for paying the mortgage?Consultant a Real Estate Attorney. If you dont you will ruin the highest and best Fico Killer in the Credit Buisness. I would get a real estate agent and put a FOR SALE SIGN on the home. You pay the mortgage why not. See what he says than when they quitclaim his off. If you want sell it for the note you are currently paying for to some investor and get out. Better to make no money than kill your credit for the next 10 years. Best of Luck!
I have a mortgage on my name but house is not on my name anymore, person responsible for paying the mortgage?Wow! What a mess!
The deed is title to the home.
You need legal council....seriously!
In the meantime, you are legally responsible for the morgage. So if you don't want a "foreclosure" on your credit, then I suggest that you continue paying the mortage until you get this resolved.
I have a mortgage on my name but house is not on my name anymore, person responsible for paying the mortgage?You need to call the New York Board of Real Estate and report the problem. He is in big trouble for lots of reasons, one is forging information. The entire deal sounds fishy. If you took out the loan for the house- Then why isn't your house? You need to tell him that you are going to the real estate board or a lawyer.
I have a mortgage on my name but house is not on my name anymore, person responsible for paying the mortgage?if YOUR name is on the mortgage, YOU are responsible for making sure it gets paid in full each month.
the deed does nothing but convey ownership interest.
talk to a real estate attorney right now!
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