Legal Question in Real Estate Law in New York
do i dare lock in to any offer
a few yrs ago my boyfriend got a loan for a fixer-upper than talked me into moving in with him. joining him in the closing. both are names are on the deed and both on the guarantor. we spilt and are selling the house. the problem. i have never seen any papers on the house or loan. he hid them. i got what i could from public recorder. but am refused access to loan info.but dicovered there was 2 on the loan.they asked if i had changed my name,it appears my first name with his last name attached is the 2 name. there is an offer on the table.. do i owe half? if the loan is only in his name. or worse if this is fraud, do i dare lockin to this offer? my personal bank said if you can not access a loan, you are not liable. true? or could he claim all monies from the sale because i am not on the loan? . he left me in 16,ooo debt.he ran up my credit card before he left.we were never married and i never signed anything using his last name. any advise would be helpful. thank you.
1 Answer from Attorneys
Re: do i dare lock in to any offer
You need to provide more detailed information and should contact a lawyer as soon as possible to figure out exactly what your rights and obligations are with respect to the property. It should not have been possible to get your name on the note or mortgage without your presence at the closing or consent by a properly executed power of attorney. You may call our office to discuss this further.