Q: What to do if co-owner doesnt want to sell the house?
Long story short story. Me and my ex partner got a house under our names. Now since we not longer together she wants to sell the house. Wich in the other hand i dont want to sell the house cause we only have had the house for lil less than 2 years. I have given a lil over 28k towards the house. And i know if we was to sell i would get almost nothing back since the principal of the mortage loan has only gone down a lil less than 4k.. and she says that as longest i give her the amount of money that she put towards the down payment of the house when we first got it. That she would be ok with that, and a few years later i can completely take her off the loan if possible. So what can i do?
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A: You may have to buy her out and get a Quit Claim Deed. She can file a Partition Action at any time. It will be almost impossible to remove her from the mortgage note without a refinancing solely in your name.
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