Im the loan and my cousin is on the title of the house?

cousin wants to stop making payments, he doesent want to do anything to help me avoid a forclosure. what can I do legally so he refinances the loan or to protect myself?

Answers:
You have made an agreement. We now know your cousin does not intend to honor his commitments. The only question now is you?

You are now up to bat, how about you?

Sell the house.
you signed a mortgage agreement but the deed says the house is owned by your cousin? If that is the case, you are hosed. You can't sell it because you don't own it. You can't kick him out. You can't do anything but continue buying a house for someone else. If it is true that he is named on the deed but that you are named on the mortgage, I would consider just walking away. Foreclosure is inevitable but at least you can stop paying for a house that is owned by someone else.

The answers post by the user, for information only, FreeLawAnswer.com does not guarantee the right.

Answer question:


More Law Questions and Answers:
  • Domestic violence case dismissed in washington state.?
  • What is the MAX for pain and suffering, coverd by insurance companies in CA?
  • Who prosecutes serious crime on Indian reservations?
  • A friend of mine hasn't received her electricity bill since February 2007. What can she do?
  • What's that scam where photographers take your picture but keep a copy?
  • Is the person legally guilty if he gossip the truth to another person?
  • How can they legally charge 4$ for water for a all day concert when it's 100 degrees out?
  • Why is it okay to use abortion to keep the crime rate (and population) down?
  • Should U.S. and European citizens be able to see if the 'file' with the FBI, NSA or DOD like a credit file FIA