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Foreclosure Forum |
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Re: Non-cooperative ex is still on deedIn Reply to: what if ex is still on deed and you are underwater posted by jdoyle on September 12, 2001 at 4:10 AM
: want to turn house to lender and move to more modest residence and accept responsibility for any deficiency over time... : should i quit claim to her and then wait for the bank? : really would love some sharp mind's advice! thx in advance! =•=•=•=•=•=•=•=•=•=•==•=• J, you could quit claim your interest to your ex-wife but it won’t give you anything positive in return. And the bank certainly won’t want just half of the property. Would your ex-wife consider quit claiming her half directly to the bank? She might do that rather than deeding it to you, (who she probably doesn’t trust anymore). Emphasize to her that she’d benefit by not having a foreclosure against her credit. Other than that I don’t know how you could solve your problem since all solutions require you and your wife signing. Good luck.
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