Real Estate Law (esp. Landlord-Tenant)/tenants and mortgages
Expert: kkemper - 11/3/2004
QuestionHi, I'll try to be brief. I co-own a home in Florida. Was joint tenant right of survivor. Relationship enstranged. Other person added another to the deed and took out 2 mortgages without my signature. Original woman is 80, the daughter was added which now makes us joint tenants in common? Do I still have half interest because I was originally added as joint tenant with right of survivorship? If this 80 year old dies and her daughter forfeits the payments will I own the home with the mortgage company? I live in Michigan. My deed is registered. How can these mortgage companies continue to loan money on property that I have interest in without my consent? And at more than half of the value of the home. I found all of this on public records and did contact both companies to no avail. They just seem indifferent. Would really appriciate any input with your expertise.
Thank you,
Moya
Answermost people will not like my answer but I would
sue 3 parties; the other party who put the lien on,
the title company who allowed same and the lender.
seriously.
and let all of them know you know what's happening.
it is fraudulent activity [criminal]
and the penalty is severe before you even get to the personal tort part.
see what occurs.
kkemper1@mindspring.com