turtle1313 Posted May 17, 2017 Share Posted May 17, 2017 For starters my girlfriend and i bought a house in october 2016. We were together for a year and pulled the trigger. So before the ass chewing starts about why so soon, I did it because when you are in love with somebody you do things. It's now may and after months of fighting and family bull she says she doesn't want a relationship with anybody. She does however want us to be roommates and remain friends. I dont want a room mate and my heart can't take this. She is currently trying to redo the loan in just her name but chances are she can't afford it and I'm in the same boat after job made pay plan adjustments. so if anybody has advice please fire away. thanks Link to comment
Knight2001 Posted May 17, 2017 Share Posted May 17, 2017 all i could advise is if one of you can take over the house loan, take it over and get rid of the other one. otherwise i would advise selling it and move on. good luck. Link to comment
Carus Posted May 17, 2017 Share Posted May 17, 2017 If you guys can't work out your issues and have to separate, I wouldn't advise trying to still live together... Many have tried..... Link to comment
Iggy5129 Posted May 17, 2017 Share Posted May 17, 2017 Sell the house. Buying a house with someone you're not married to is a stupid idea. Love doesn't mean you're stupid. I'm in love with my bf but will not be buying a house with him until we're married. Love is not an excuse to throw logic out the window. You will have to sell the house since neither one of you can afford it alone. Don't make this mistake again. Link to comment
Wiseman2 Posted May 17, 2017 Share Posted May 17, 2017 Sorry to hear this. Is there someone else? One of you take over the house and get tenants/roommates to cover expenses and the other moves out. Ask family if they can assist financial with a loan etc. Also consult an attorney and an accountant, they may have tips advice that others don't. my girlfriend and i bought a house in october 2016. She does however want us to be roommates and remain friends. She is currently trying to redo the loan in just her name but chances are she can't afford it and I'm in the same boat after job made pay plan adjustments. Link to comment
Liraele Posted May 17, 2017 Share Posted May 17, 2017 Depending on the type of loan, there are ways to remove yourself from the mortgage. You should talk to the bank and see, as different loan types have different regulations for the assumption of the loan by one party. It may be simpler than you think. (It also may not, but the first step is to ask.) Link to comment
turtle1313 Posted May 17, 2017 Author Share Posted May 17, 2017 Sorry to hear this. Is there someone else? One of you take over the house and get tenants/roommates to cover expenses and the other moves out. Ask family if they can assist financial with a loan etc. Also consult an attorney and an accountant, they may have tips advice that others don't. a past bf came back into her life and when things got bad she ran to talk to him instead of me. she claims they are just friends but i'm starting to doubt that. family said no way. Link to comment
turtle1313 Posted May 17, 2017 Author Share Posted May 17, 2017 Depending on the type of loan, there are ways to remove yourself from the mortgage. You should talk to the bank and see, as different loan types have different regulations for the assumption of the loan by one party. It may be simpler than you think. (It also may not, but the first step is to ask.) asked about loan deletion and modification but mortgage company says they don't. only way is to refinance. Link to comment
turtle1313 Posted May 17, 2017 Author Share Posted May 17, 2017 Sell the house. Buying a house with someone you're not married to is a stupid idea. Love doesn't mean you're stupid. I'm in love with my bf but will not be buying a house with him until we're married. Love is not an excuse to throw logic out the window. You will have to sell the house since neither one of you can afford it alone. Don't make this mistake again. expensive lesson learned! Link to comment
Wiseman2 Posted May 17, 2017 Share Posted May 17, 2017 Agree, they are not just friends. a past bf came back into her life and when things got bad she ran to talk to him instead of me. she claims they are just friends but i'm starting to doubt that. Link to comment
Liraele Posted May 17, 2017 Share Posted May 17, 2017 asked about loan deletion and modification but mortgage company says they don't. only way is to refinance. A third party assumption may be an option, as well. Again, depending on the type of loan. Sorry you're dealing with this, what a headache! Link to comment
turtle1313 Posted May 21, 2017 Author Share Posted May 21, 2017 A third party assumption may be an option, as well. Again, depending on the type of loan. Sorry you're dealing with this, what a headache! So she realized she can't afford the house and now the ball is in my court. So my gut says sell the house and go separate ways. Would like to see what others think just to reaffirm my thought. Link to comment
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