My ex wife was awarded the house in our divorce. In the decree it states she has one year to refinance. Its been over a year and she never refinanced so my name is still on the loan and property deed. The house is now about to go into foreclosure unless I save it. She is $1500 behind on payments and has not paid taxes on the property for the last 2 years (approx. $800). She refuses to pay and is just going to let the foreclosure take place. She said I could have the house back but will not sign off on the deed unless I sign a contract that herself or someone is going to draw up that states she can live there until she finds a place to move to. I fear that if I go ahead and sign her contract she will not sign off on the deed and I'll be out a bunch of money that I am going to have to borrow in the first place. Also I need more money for rent than I'm sure she will be willing to pay so I can afford to pay the property taxes and insurance. I'm really at a loss as of what to do here and feel like she is blackmailing me. I could file contempt of court I'm sure and possibly be awarded the home but by that time the house will be foreclosed (4 days until foreclosure begins).
1 Answer from Attorneys
File the Motion for Contempt. Contact the lender's attorney. Try to negotiate for s little time. Get your own attorney to draft the agreement between you and your ex.