I co-own the house but not the loan, will my credit take a beating in a foreclosure? - maryland title agent license
My girlfriend and I have a house in Maryland, a year earlier. The loan is fully in his name, but the title of the house is in our name. We're in over your head with this loan and the taxes of the State of Maryland, is rising every year and thus the care that she can not keep up. When we found a fair market analysis, the house with a local broker, that in 1 years, we have 30,000 U.S. dollars of negative equity in the house. My question is if the house goes through foreclosure from my credit card? What happens if we marry before foreclosure? I fear that if we are at the wrong time to get married and lose the house to be connected to my name. We believe if you lose the house, maybe I have a can get the name of my next year alone. It Does anybody know if this wWork sick? Thanks in advance ... ..
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