Legal Question in Real Estate Law in New Jersey

Divorced in 4/2012, ex-wife and I own a house & plan to sell it in 2014 so our son can live there until he graduates high school; to lower payments we now want to refinance. The underwriter is counting my alimony & child support as "debt" but not counting my income. So the mortgage would be in her (ex-wife's) name only. My name is on the deed, and our agreement to split money from sale of house is in the property settlement. Should I allow this?


Asked on 10/25/12, 9:33 am

1 Answer from Attorneys
Larry Raiken Larry S Raiken LLC

I see no problem with the refinance since you are still on the deed and therefore your ex-wife cannot sell the house without you. In addition your psa will control

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Answered on 10/25/12, 10:12 am


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