Legal Question in Real Estate Law in New Jersey

need to get a loan

own a third of my late mothers house and want to get a loan because im in debt my 2 brothers are giving me a hard time


Asked on 12/06/06, 9:10 pm

1 Answer from Attorneys

Re: need to get a loan

You cannot force them to take out a mortgage, however, can file an action for partition which would require either that they buy out your share for 1/3 of the home's fair market value, or have the house sold on the open market and you receive your 1/3 share. Contact me if you wish to discuss.

Read more
Answered on 12/07/06, 10:49 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in New Jersey