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Relationship Discussion (non-explicit)
Reply to "AITA? Mortgage still in my name "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do you mean that you want him to refinance the loan for the sole purpose of removing you from the mortgage? He doesn't need to pay you any of that equity? If the answer is yes, that's a ridiculous thing for him to have agreed to do. That will cost him a LOT of money each month when his interest rate goes up. [/quote] OP here. Yes, that’s exactly it. I just want my name off of it. Granted, who knows where I’ll be in a year. I have money saved and may very well want to purchase a small home if interest rates ever go down. [b]And I won’t be able to with that mortgage still in my name. [/b] But yes, as of now, this is purely because I don’t want my name on it anymore. And yes, that’s why I feel like the AH. [/quote] Why? It's being paid and it's almost 50% financed at this point. People buy multiple properties all the time. [/quote] OP here. I’m aware of this. I make under $100k annually and was told a second mortgage would be highly unlikely due to the condo one. No, I haven’t formally applied for one but I assumed that was accurate. But tbh that’s kind of beside the point. I don’t want to be on the condo or any way associated with my ex. [/quote]
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