co-borrower and stuck

[Administrator]

I am a co-borrower with my sister on a house. My mom, my sister, and I are on the title. My mom's credit was bad at the time so my sister and I did the loan. We all lived in the house. We had agreed if my sister or I got married we would sell the house. However, when I got married everything changed. I waited to get married so that they could sell because we had refinanced a year ago and we could not sell until 2 years had passed. After i got married I paid my portion of the mortgage for 2 more months. It was taken from money my husband and I received from the wedding. My sister nor my mother wanted to sell. For the last 3 years they have been a number of late payments. It affected my credit so bad that my husband and I had a hard time renting a place because they required credit checks from both the husband and the wife. I can't live like this any longer what options do I have. My sister and I are on the mortgage and the title. My mother is just on the title. My credit reports are showing over 10 incidents of 1 month late with the mortgage about 5 incidents of 2 month lates and 1incident of 3 months late.


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(Source: mortgagefit.com)