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Posts tagged "joint mortgages"

The Problem With Joint Mortgages After Divorce

A woman recently wrote to a columnist at an Arizona newspaper seeking advice about a problem that she encountered months after her divorce was finalized. The woman said that in the divorce, her husband wanted to keep the family home, something she was fine with. As a result, the two wrote up the terms of the deal in their settlement agreement, with the wife even signing a quit claim deed, passing her interest in the home on to her husband. Her husband agreed to take full financial responsibility for the house, essentially releasing the wife from all concerns involving the house. Or so she thought.

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