Legal Question in Real Estate Law in Michigan

Name on Deed vs. Mortgage

My question is ''My grandmother had taken an eqity home loan out on her own existing home to give to my boyfriend and I for the purchase of our existing home. My boyfriend now wants to refinance our home to pay off my grandmother and to have a bit of play cash also take her name off the deed all together. I myself want nothing to do with this home and can not afford the mortgage responsiblilities. My boyfriend claims he has to put my name on the home because ''Friend of the Court'' will take the home if he were to be the sole owner (He is behind in his child support by 60 some thousand dollars.

Now the actual question: I am planning on leaving him and want to join my grandmother in signing our names off the home before the refincing actually takes place- Is this a smart thing to do?


Asked on 7/10/05, 9:49 am

1 Answer from Attorneys
Blake Lipman Law Office of Blake P. Lipman

Re: Name on Deed vs. Mortgage

If you are through with him, perhaps you should insist on selling the home and splitting the proceeds so you can repay Grandma. If you are a joint tenant on the home, you can file an action in court called partition and ask that the court order a sale. For more info, please contact my office at (248)851-3171.

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Answered on 7/14/05, 9:53 am


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