Legal Question in Real Estate Law in Florida
When I bought my house in Florida 4 years ago I did not have enough income to qualify for the mortgage so my Granddaughter asked my son to sign for me and he did. Two yrs ago he remarried and has not spoken to me since. He and his wife tried to blackmail me into signing my house in Ct over to them, they would allow me to sell the house in Florida he signed for, and he would sign over the proceeds. Unfortunately the house in has no equity because of the housing crash in SW Florida. Since he made such a point of letting me know that I had no alternatives I stopped paying the mortgage. I notified him of such and he did not respond so I stopped paying the mortgage. I notified him of my intention and he paid the last payment on the mortgage and than stopped. Since the property is in his name I gave him the opportunity not to ruin his credit.
My question is: I put the downpayment of $140,000 and paid over $2,000 a month on the mortgage for the past 4 years. Insurance and taxes included. I was told that I have a legal claim but can't find an attorney that knows anything about this situation.
Can someone give me an answer?
1 Answer from Attorneys
You have an equitable lien on the property that must be enforced by court order.