Need an answer about a mortgage application?

In: Mortgage Loan

12 Sep 2010

Me and my boyfriend have been together for 4 years with one son. We have to rent it enough, and we want our own house, we want a garden for my son, a garage, just our own little private life. The houses are cheap, especially now when we buy to a perhaps around 60 to try $ 75,000. Yesterday we were already approved with our names in it. I know he calls himself. But before buying a house, I wanted to know whether its better for him are enough by himself. I think we have a good relationship, but I’m split me about the consequences if we always think my name is stuck in the house. (It is a very busy guys) Even if I do not mind renting the top, if it happens again. The monthy payment is very cheap about $ 700 if paid by the tenant half. What should I do if I my name also, or just yourself?

Therefore, it is risky to buy a home with someone you are not legally married is. If you want to break, there are no courts to view the details, which owns or settle who gets what.

It would be foolish if we do not have your name on the title. If you do, you can sell or to deport you from his property, if you have a two-day a grave. I know now, it looks like a stupid idea that this kind of time, who loves you and you take your son to the curb, but I’ve seen a lot … when people are no longer together, things get bad and people stoop to levels you never believe if you were in agreement.

Well, if you in the mortgage market and you are torn, and you do not want to live, or he goes, he will share much more difficult, which could have refinanced their home in name only. It should either buy your friend or would you buy what a refi.

When not on the mortgage on his credit and income alone, very good benefit, but not with not to go on the act. If you do not act, they will pay you to probably in this house if it contributes to the mortgage or fix up, and if you break it, you have no legal right to the place. All the money you pay for improvements or mortgage payments do not mean anything. You can not sue to recover either.



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