joint mortgagegreenspun.com : LUSENET : Repossession : One Thread |
I currently had my home repossessed about 4 years ago - i was forced to move out as my husband was having an affair and making it unbearable to live there. He eventually stopped paying the mortgage, hence to repo.I have applied for a morgage this year and was sucessfully accepted. I am now thinking of putting my name onto my partners mortgage to get a better deal. I haven't had contact with my ex-mortgage lender for about 8 months, but was trying to get them to send me all documents relating to the shortfall. Could the ex-lender force the sale of the house if my name was to be put onto the mortgage and how would this affect my partner?
Thanks for you help!
-- mandy (a@hotmail.com), August 13, 2002
I'm not sure what you are saying here Mandy. You say you successfully applied for a mortgage but now want to have a joint mortgage with your new partner. Can you be a bit more specific? If you already have a mortgage and your partner has a mortgage then are they on two separate properties or what? In general though, debt collectors will go after people who appear to have assets / income sufficient to make it worth their while. How did you answer the question on the mortgage form you filled in about whether or not you had previously had a mortgage / arrears?
-- Gordon Bennet (arsenewhinger@hotmail.com), August 14, 2002.