I’m a Co signer on a mortgage loan
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I’m a Co signer on a mortgage loan
I co-signed on a mortgage for my girlfriend who is now my ex. She and I had a verbal agreement that as long as I paid for the loan that I would receive the property. She is now wanting to sell the property without my consent. I have been making the payments on the property for the last I years. What are my legal options?
Asked on March 23, 2017 under Real Estate Law, Tennessee
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
Is your name on the deed? If it is not then you have liability without having any equity in the property. You may have to bring an action against her for the monies that you have paid and file lis pendens against the property. I think you may have issues regarding the agreement since any agreement as to real property MUST be in writing to be valid. I would seek legal help asap. Good luck.
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