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John Neibich's Answers


Assumption Or Refinance?
Matt, first sorry about your loss, and next, unless you need to refinance the loan, or unless you can get a better rate today, just keep making the payments. You are on title, as joint tenants, you are the owner now. So, if you can improve your rate, or significantly lower your payments, refinance
Home Owner Assosciation In Court
It depends on what the law suit is, if the outcome of the case will effect your title or your property rights, and if the outcome will effect the condo's status for rental units allowed in the property. Many lenders will not finance condos in projects with too many rental units.
Click here and start typing your question
First, get a real estate lawyer, and second, the first question for you is, is the ex on the home's title? Does he own an interest in the home? If he does, then you likely will owe him some portion of the profits, being the rent minus expenses.

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