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    sprague01's Avatar
    sprague01 Posts: 1, Reputation: 1
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    #1

    Dec 2, 2008, 11:28 PM
    Sole and separate title and foreclosure
    When my husband bought this house in Arizona, he bought it as sole and separate. I was required to sign a disclaimer deed. Now the house is going into foreclosure and I need to know if it will have any bad effect on my credit. I would appreciate any feedback. Thanks:eek:
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Dec 3, 2008, 06:30 AM
    Hello s:

    You didn't sign a mortgage. You aren't obligated. You didn't default on anything. It can't hurt your credit.

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Dec 3, 2008, 07:05 AM

    Who is on the loan papers, the deed only shows who owns the house. *** and you let him own it without you having a claim to it? ***

    But if you did not sign the loan papers it is his, if you signed loan papers even if name not on deed, you can be held liable also
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