I am going through a divorce. Need help with deed/loan trans
My husband andamp; I are getting a divorce. Our home is built on land deed to me through a family division prior to our marriage. I added my husband to the deed so that we could obtain the money to build our home. We now have two mortgages and I am a stay at home mom. My husband left me for another woman. My father wants to take over the mortages so that I don't loose the house that sits in the middle of my family's farm. My husband has not made any payments on the mortage for two months and I have borrowed money from my father to keep it out of forclosure. What do we need to do to get my husband to sign over the rights to the property? Since we have two mortages there is no remaining equity in the home...he made sure of that when he refinanced 5 times because of his credit card debt he was hiding from me. Please help! My family doesn't want to loose this house. Thanks so much!
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(Source: mortgagefit.com)
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