Posts Tagged ‘divorce’
Wife Likely Has Lien on Home Husband Bought
Wife Likely Has Lien on Home Husband Bought Question: I purchased a home in Tempe in 2006 with 100 percent mortgage financing. Shortly after that I got married, and both my wife and I worked. All of the monthly mortgage payments on the home since our marriage have been made from our family checking…
Read MoreWoman Stuck on Mortgage Despite Divorce
Question: Under the terms of my divorce decree last year my ex-husband was awarded title to our Gilbert home. He was required to pay the mortgage payments on our home. I even signed a quit claim deed for our home to my ex-husband. The problem is that when I recently applied for a loan…
Read MoreForeclosure Sale Likely Means Home Reverts to Original Owner
Question: I sold my Chandler home five years ago for $75,000. The buyers made a $25,000 down payment and I financed the buyers with a $50,000 “seller-carry-back” loan, i.e., the buyers agreed to pay me $50,000 in monthly payments over ten years at 12% interest. The buyers are now going through a divorce and…
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