We bought the home in 1999 and 2005 I was quick claimed onto the deed. In 2007 my wife refinanced the home on her own. I never went to the closing and never signed anything.
She passed in May of 2012. She had the Steven King foundation set up to pay our house payment till October.
In that time I tried talking to the bank to work something out but they would not talk to me as I'm not on the mortgage.
The house is $250,000 upside down and I can qualify for the amount owed, $580,000. The are going to foreclose next month. I thought under tenants by the entirety with rights of survivorship I own 100% of the house upon her death and creditors could not force the sale of the property to collect on a debt. One lawyer say I own the home free and clear and one says its a long shot.
She passed in May of 2012. She had the Steven King foundation set up to pay our house payment till October.
In that time I tried talking to the bank to work something out but they would not talk to me as I'm not on the mortgage.
The house is $250,000 upside down and I can qualify for the amount owed, $580,000. The are going to foreclose next month. I thought under tenants by the entirety with rights of survivorship I own 100% of the house upon her death and creditors could not force the sale of the property to collect on a debt. One lawyer say I own the home free and clear and one says its a long shot.