Legal Question in Real Estate Law in Texas
Real Estate
My son bought a house togehter with a colleague in 2008. The financial responsablility turned out to be too much for my son. Since both names are on the deed, he needs to know what options he has to get his name removed from the deed without hurting his credit history or if there are other options.
Thank you very much for your quick response.
Regards,
--name removed--
Asked on 5/28/09, 1:13 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Real Estate
The mortgage company will not release your son from the lien. His only options are to either sell the house and pay off the note or have his partner re-finance it.
Answered on 5/28/09, 6:13 pm
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