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    overit2010's Avatar
    overit2010 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    May 23, 2011, 07:00 PM
    Many names on the house title, what portion am I responsible for?
    Hi,
    If I move out of my home which my husband and I live in, what portion of the mortgage/taxes/insurance do I have to pay until the house is sold? There are four people on the mortgage and title, us and his parents.
    Please clear this up for me!
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    May 23, 2011, 07:20 PM

    Hello o:

    Unless his parents live there, it's not THEIR responsibility. I'm assuming they're on the title because you needed their help in order to get a mortgage.

    I don't know what the details of your original agreement was, but it would help to know what they were.

    excon
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    May 24, 2011, 04:00 AM

    Depends on how the mortgage and deed are worded. Its possible that each signer is fully responsible for the costs, if the others don't pay.
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