Now, I'm no lawyer; however, I do work at a Real Estate Appraisal firm
in Southern California, and we appraise homes in this exact situation.
I would say your need to buy out your former girlfriend depends on a
couple of things. First, because she is you mention her as your
girlfriend, I would assume there is no marriage involved. That would
definitely work in your favor, because she would have no legal rights
to YOUR property. BUT, if she co-signed to the mortgage, then even if
she didn't put money down, I would assume she would have a right to be
"bought out." But, if you two are not married and if her name isn't on
the mortgage, I'd say you're pretty much home free. The best advice I
can give is get a good lawyer if things start to get ugly.
Best of luck to you! I hope your next relationship works out much
better! =)(emartin4444, Accutech Evaluations, LLC) |