Legal Question in Real Estate Law in California
How do I remove myself from a mortgage?
Two years ago I "co-signed" with my brother to help him purchase a home because his credit was poor. We signed an agreement between ourselves that he would remove me from his mortgage within one year. To date, he has not done so. I am now seeking to have myself removed from all the financial and legal obligations of this loan without ruining my credit. What can I do? Can I force him to sell?
Asked on 10/25/99, 1:01 am
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: How do I remove myself from a mortgage?
you cannot be removed. Your brother has to refinance using just his own credit and pay off the loan you are on.
Answered on 10/25/99, 10:00 pm