Can a co borrower sell the house on the mortgage?
LoretteI have a mortgage with some one else. She doesn't qualify for a refinance because she claimed bankruptcy 4 years ago. She's been making late payments, and I'm worried about my credit. She doesn't want to sell the home because she lives in it. What should I do? Can I put the property on the market since I'm the co borrower?
AdalineYou can not sell it without her consent.You can try to get a court order forcing the sale, but do not get your hopes up, she is holding the trump card, she is residing in the property.
Nicholaslandlord is correct. THIS IS THE REASON TO NEVER CO-SIGN