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Relationship Discussion (non-explicit)
Reply to "My Fiance told me yesterday that he wants me to move out"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Whose name(s) are on the mortgage? Whose names are on the deed with the county?[/quote] Both of our names are on the mortgage. Both of our names are on the deed with the county. Prior to buying this home in May 2023 we lived together in a rented home for 3 years. Our lease was just about to end and we decided that we wanted to buy but we had some trouble due to his low credit score and negative credit marks. He had a high income and low credit score and I had a reasonable income and a strong (800) credit score. At first were were going to just put my name only on the mortgage, since I was able to easily qualify for a mortgage with good rates. Looking back, so glad we didn't do that. But then at the last minute we were presented with the option to buy using an FHA loan due to his lower credit score and we were able to close on this house.[/quote] Still, you screwed yourself. Creditors don't care because both of you are 100% liable "joint and severally" . But you are the one stuck negotiating a fair share of the expenses and proceeds from selling, or being stuck not selling. [/quote]
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