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WELDON
I’m sorry, but YES you are screwed.
This is why you should NEVER!!!!!!!!!!!! co-sign for anyone. ANYONE, especially family.
Remember, if the bank thinks they are a bad risk, listen to them.
CLAY
You’re doing the right thing seeking legal advice. Technically without an attorney, there’s no way to get your name off the mortgage unless they refinance or it’s paid off. Hopefully an attorney can help determine what other options you have.
JOSHUA
There is NO Way to get off it unless she refinances. Even going to court your name cannot be removed from the loan- that would be like the mortgage company just changing their mind in the middle of a mortgage. With the way the mortgage market is now if they have been slow on payments they will have a difficult time refinancing.
CARTER
The only way to get off a mortgage is for the other owners to refinance. If you have an interest in the property, you’re not actually a co-signer…you’re an owner. Different deal.
As someone else said, don’t co-sign, ever, for anyone, under any circumstances, and especially not family.
Your husband can add you to the warranty deed of the home, even if you’re not on the mortgage. Talk to a title company about doing that, or a lawyer. Don’t know what state you’re in, and things vary from place to place.