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My parents bought a house 4 1/2 yrs ago. My dad is the only one on the mortgage but we are all on the deed.?
They put us on the deed because we were going to be living with them for a while and wanted to protect us if anything happened to them. We were paying for half of everything so why not. They knew our living with them was temp and we have now bought a house and are moving soon. They are consulting a lawyer to see if there is anything they can do about it. Does anyone know if there is anything they can do? I don't think there is because we didn't do anything wrong. Any advice?
Sorry, by us I mean my husband and myself. We were living with mom and dad for a while and paying half while we were there but are now leaving because we bought a house of our own. They knew from the beginning that we didnt intend on staying with them and wouldnt be paying when we left.
Also, we never asked them to put us on the deed, it was their idea and we dont care if we stay on the deed or not, we just want to know that they cant legally make us pay for anything and it wont go against us if they dont pay for it.
4 Answers
- Songbyrd JPA ✡Lv 71 decade agoFavorite Answer
Give your folks quit claim deeds and take yourselves off the mortgage. The fact is, you do not owe any debt on the property. Your father is making a mistake. You could, if you wish force the sale of their house. Hopefully, the lawyer the folks see will tell them to stop acting like kids. Best of luck, but be ready to see an attorney of your own.
Source(s): s---attorney 24 years - 1 decade ago
In other words, you expect them to keep you on the deed while they pay (with no help from you) what is probably 24 1/2 years of the Mortgage? Let them take you off of the deed and be grateful that they helped you with a roof over your head so you could save up to buy your own home.
They cannot make you pay any more since the Mortgage Loan is in your fathers name.
- hoppykitLv 61 decade ago
Who do you mean by us? The only ones that should be on the deed is Mom and Dad. Unless you are trying to take possession of the house or part of the money from the sale of it -which you are not entitled to-not sure what you are asking.
