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#214682 - 03/05/09 02:19 PM
Martial Property / Tenants-in-Common
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New User
Registered: 03/05/09
Posts: 4
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Hello Community, I had a divorce Jun 05 but legally seperated soon after I purchased a home 9/93 I lived in it for about 18 months before separating. Alone I have paid the mortgage and had written in the separation that I will until the youngest was 18yrs old. Now, she has never paid any mortgage from the start and have been living rent free since 1993. Now that the child is going to be of age this June. The decree states that she will get 50% of the equity. But the way the market is that is not going to happen and she can not refinance due to her credit being shot. She have let the property go to waste side and it will take atleast 15K to get it right for the market which she is suppose to provide half for which I know she don't have. She is not trying to do anything but I'm not required to pay the mortgage after june, but I have to due to the title deed, and loan is in my name only. I don't want to wait until June gets here to tell her that she needs to vacant the property. Do I have to treat this like an eviction through legal ways to inform her to vacant on a 45 to 90 day notice. its not that I don't want her to just have the place, the kids are gone. she can't qualify to refinance in her name. ADVICE
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#214690 - 03/05/09 05:26 PM
Re: Martial Property / Tenants-in-Common
[Re: BeaverFever]
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New User
Registered: 03/05/09
Posts: 4
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The wait isn't the issue. I just don't want her to be there while I'm paying the mortgage and she get extended there because I didn't give her proper notice.
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#214794 - 03/08/09 02:11 PM
Re: Martial Property / Tenants-in-Common
[Re: finallydone]
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New User
Registered: 03/05/09
Posts: 4
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Hey! I really appreciate the feedback from those how can gave some good thoughts on this. I really don't want the house I just wanted the kids to grow inthe same neighborhood and schools. But if she could afford it it can be hers. Its just that her credit score is below atleast 550. I have not talk to her maybe she can rent it from me. But anyway I just spent two days repairing a lot of outside things and left. I will be talking to my lawyer so things don't back lash on me..... I just want it to be over with.
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#224927 - 09/12/09 10:56 AM
Re: Martial Property / Tenants-in-Common
[Re: abovewater]
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New User
Registered: 03/05/09
Posts: 4
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Well I'm back. I have gave her a 120 day notice of vaccanting the house after the youngest child reach her 18th birthday. she was suppose to move at the end of Aug 09. I put the house on the market and the clients are turned off because she will not keep the place up and show ready. So she is interferring with the sell of the house. can I get her evicted out, this is becaming an hardship on me due to me having to continue paying the mortgage because its in may name only. a little advice thanks
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