Elkridge, MD asked in Contracts, Criminal Law, Real Estate Law and Tax Law for Maryland

Q: Hi. I bough a house for $265,000 inn November 2014 with a girlfriend. Her Father actually bought the house outright.

However, he was not put on the deed then or ever. Only myself and girlfriend were on the deed. I was hesitant in buying the house this was as I didn't feel like I was buying the house and didn't have the pride in buying my first home myself. Plus, I did not qualify for the first time home buyer tax credit. But he just kept pressuring me that the APR he could provide me I would not be able to find through any bank. So monthly I would pay him $1,000 interest included. I also paid for home insurance and prior to moving in we had the hardwood floors in the entire house redone, which I paid for. Twice a year I paid the property taxes which usually were between $2,500-$3,000. June 2018 my girlfriend and I broke up. My exgirlfriend Father drafted a letter stating by me signing this I was to be taken off the deed. The house in now valued at $390,000. I was given the option to take the house but her Father said I'd have to get a mortgage and buy out her daughter. She kept the house. I got no $.

1 Lawyer Answer
Richard Sternberg
Richard Sternberg
Answered
  • Potomac, MD
  • Licensed in Maryland

A: Didn’t I answer this yesterday. When you sign papers, they matter. Let a lawyer review what you sighed… ya’know… like the grown ups. You will likely pay for the review.

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