Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

They Bought Together

  i own a home with someone. we are both on the deed & mortgage. I put down ALL the monies/deposit to purchase this house. Now we had a falling out and I want out of the tie. Since I have all receipts showing I paid all monies down, when we sell or he buys me out, I want my full deposit back. We have nothing in writing about this. Is he entitled to split the monies we wind up with after selling the house & paying off the mortgage or am I entitled to my full deposit back, then we split whatever is left over after mortgage satisfied? thanks
 
  The answer is probably not what you want to hear.  If this were a divorce, you'd be looking to your own lawyer for guidance, and that's what you need now.  Take all documents you have to an attorney, promptly.
    Edith
Originally published on October 6, 2008
 
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