house help: hi i recently bought a house. - Help.com

stereonation
offline Unverified (5 months, 2 weeks) Visit stereonation's shoutbox
An Unknown Location

hi i recently bought a house.

as i was not able to get a mortgage of my own i persuaded my brother to buy the house in his name with me being responsible for all its costs. i have been the one who has paid the deposit, the buying fees, surveys and all the mortgage payments up till now. unfortunetly as my brother is the legal land lord what do i do about buying it off him. the house is in negative equity by 15k and there are creditors after my brother. will i lose this house that i have funded throughout or will they just add a charge on the property.
can i draw up some kind of legal deed that states that its mine or just wait for the worse
please help
any suggestion are welcome as i need total guidance

This open post was written 5 months, 2 weeks ago | V/U/S: 159, 2, 3 | Edit Post | Leave a reply | Report Post


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scary doll offline Verified User (1 year, 8 months) Long Term User Shouts: 2 #
An Unknown Location | 5 months, 2 weeks ago (4 minutes after post)

I think it depends on which legal system is used where you live?

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rose-dochert offline Unverified User #
An Unknown Location | 1 month, 2 weeks ago (4 months after post)

If you are behind on your bill or facing foreclosure or in foreclosure I can help. I work for a non-profit company that stops foreclosure. The program can reduce your rate/payment, forgive lates and fees and if you have an upside doewn mortgage for forgive some of the principal on your mortgage. No credit check, job and income history is not a factor, equity is not a factor - no appraisal and the bank cannot foreclosure on your home. If you want to say your home contact me.
Rose Mary
231-839-8238
i> small>(email removed) /small> /i>

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