Legal Question in Real Estate Law in Tennessee
Three years ago I co-signed a home loan with my son-in-law, but he has abandoned the loan and my daughter. How can I get my name off of the loan?
Asked on 4/22/10, 7:15 pm
1 Answer from Attorneys
Caitlin Moon
C2Law
To remove your obligation on the note (loan), your daughter probably will have to refinance the loan in her sole name - or sell the house and pay off the loan at sale. You can contact the lender and ask to be released from the obligation, but in today's lending climate this probably isn't a likely option.
Answered on 4/28/10, 8:25 am