Ask Experts Questions for FREE Help !
Ask
    julz01's Avatar
    julz01 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 13, 2009, 04:02 PM
    How do I sell a home with a cosigner?
    What do I do to sell my home when my mother-in-law is the cosigner on the loan?  I am going through a divorce.
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
    Ultra Member
    		  
    #2

    Oct 13, 2009, 04:41 PM

    Is the mil on the deed also?

    If so, you get her to show up when the sale is going through. If not, you do it without her.

    What is her mood in all of this?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Oct 13, 2009, 06:42 PM

    It is not who is on the loan, but who is on the deed. The loan would be paid off when you sell the house.

    If no one else is on the deed, no issue. But if they are on the deed, they have to sign it also to sell the house
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

I am a cosigner for my sis and her xboyfriend on a home [ 1 Answers ]

I cosigned a home for my sis and her exboyfriends and now her xboyfriend don't want to pay for the house. He put it on a short sale.And he had a second loan with my sis. What should I do?Is the lender will come to me and force to pay for the house? But I don't live therer. My name is not on the...

Can a landlord sell the home [ 21 Answers ]

I am thinking about renting a home when the realestate contract is expired. The homeowner was not able to sell the house. Can we put in the lease agreement that for the length of the lease the owner can not put the house up for sale for the duration of the lease? I live in NY State. Thank you!

Trying to sell our home [ 1 Answers ]

My husband and I are trying to sell our home, but the title company found two abstract of judgment liens on it. I have a credit card debt and a nursing home has sued my husband. We had to relocate to San Antonio, TX due to a job and cannot afford the mortgage payment and rent for our rented home...

Can I sell home without co-owner [ 1 Answers ]

I'm in Florida and purchased a condo. With my aunt as a favor because her credit alone would not suffice. She was to reside in it and pay mortgage. The plan was for her to live there for 1 - 2 years and then we would sell. She only paid the first two months of the mortgage. I took over the payments...

Must Sell Home but don't have the resources [ 3 Answers ]

:eek: I am in a bind to sell my home because I can no longer afford to pay the mortgage. I have since found out three days before listing that my "7yr" old roof is leaking. I have no problem with that because that can be a credit to the new buyers. However, I have since found out that a permit...

View more questions Search