Q: My ex husband is financing me a house I won't be on the deed but I pay mortgage how can I protect myself
I'm not able to get approved for a house loan so my ex husband family will put it in their name. I'm responsible for all repairs and mortgage and down payment. But they don't want me on the deed how can I protect my self in case they try to kick me out. He said once the house is paid off ($50,000) he will sell it to me for $1 and transfer.
A: Why not have a lawyer draw up a lease with option to buy, or a land contract? Either of those might work in your situation.
Nina Whitehurst agrees with this answer
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A: You are entirely unprotected with that arrangement.
Nina Whitehurst agrees with this answer
1 user found this answer helpful
A:
1) you cannot enter into an agreement concerning real estate without a WRITTEN contract.
2) the contract needs to be legally binding.
3) what you are describing is not enforceable.
Get a local attorney (licensed!) to represent you. It will be cheaper to hire an attorney than to make years of payments for naught. You cannot afford to NOT get legal advice!
Nina Whitehurst agrees with this answer
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