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Updated over 6 years ago, 08/04/2018

User Stats

377
Posts
160
Votes
Luke H.
  • Real Estate Investor
  • Dallas, TX
160
Votes |
377
Posts

Husband wants off the Mortgage

Luke H.
  • Real Estate Investor
  • Dallas, TX
Posted

Hello all, hope all is well.

Divorcing couple. Wife wants to borrow $50,000 to pay off mortgage and get her huband's name off the Deed. He is willing to sign off if mortagage gets paid off so he is no longer on the hook.

House value $130,000
She can afford to repay $1,000 per month

What do you guys suggest as a solution here?

Thanks 

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