Legal Question in Real Estate Law in Virginia

QUOTE=pandora0567;2456513]Are partition sale of a house of unmarried couples with little equity a good route to go because both are on the loan and one of the parties will not agree and says they will stay in the house and not pay even it ruins both of our credit scores[/QUOTE]


Asked on 7/28/10, 8:00 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

The one who wants to stay in this house with little equity

should agree to buy the other one out who wants to leave.

Partition suits can be quite expensive and in this current down

housing market, both parties are likely to end up as losers.

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Answered on 8/02/10, 9:04 pm


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