Friday, December 2, 2011

How can my husband get his name off of the sister's house he co-signed on? She refuses to refinance!?

My new husband co-signed for his sister because she had gotten divorced from her husband and would lose her house otherwise. We got married before he decided to tell me him and his sister owned a home! Now I can't get a house and they aren't doing anything about it. He has been on her loan for 3 years now, she refuses to refinance, what are my options? Can we sell the house even though her name is also on it? There must be some way out of this!|||He can't do much of anything.....he's pretty much stuck.





Tell him he needs to get a really, really good lawyer.|||Go to a real estate agent and ask them if there is anything you can do. I hate to tell you this but if she can't afford the house with only her income it will be very hard to find a bank to finance just her and the current bank will not let him get on the hook just because he got married. Your husband had to know this since he had to put in his income for her to qualify, it's going to be tuff.|||there is nothing that he can do|||Oh man...thats not good, he can't do anything unless she refinances.|||The only way out of this is for his sister to refinance. Go see a lawyer.

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