Old mortgage

[Ben Cochran]

So I have been divorced since 2007.

I agreed to let my ex-wife stay in the property until she could refinance it in her name only.

It is now 2013 and my name is still on the title and she is unable to refinance in her name only. I feel that I have been more than accommodating, allowing her to remain in the house without forcing the issue. But now it is imperative that my name be off of the title as I am trying to purchase a investment property but I keep running into the same roadblock, a mortgage already on my credit report.

The house is in Wyoming, where the divorce took place but I live now in Colorado.

My question is; what options do I have in order to get my name off of the property. She says she cant refinance because of her credit.

I'm open to forcing her hand via an attorney but I don't know where to start or what type of attorney I would need. Or perhaps there are more amicable ways to resolve this. I'm open to any solution.

Thanks in advance for any advice.

Ben

[Matt Devincenzo]

Originally posted by Tim Farrell:

I'm not a lawyer but how about putting the home in a land trust that way once filed in the county your name would not appear on the title?

His name won't be on title, but the open loan will still be attached to his name so it will still affect his DTI. I'd def talk to a divorce atty in the state that the home is in.