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Updated almost 14 years ago on . Most recent reply

Personal BK
Seller is separating from husband who's gonna file a personal BK soon. Both seller's and husband's names are on the deed and on the loan. LTV is 93%. Loan term is adjustable 1 year ARM. Monthly payment is $2,700 PITI. Looks like a sandwich lease option or could be sub2 and lease option. My dilemma is the imminent of husband's BK. Can I ask him to deed his interest over to his wife then do the sandwich lease option? Any other better options?
Suzanna