Experienced home owners?

I own a home but due to a divorce I want to get rid of it and leave. I'm not interested in selling it since its not in the best condition. I will consult a professional once I feel I'm well decided. Has anyone gone through this? Any advice on moves you took and how that affected your credit?


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What Guys Said 1

  • Do you own the home or is it jointly owned?

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    • Its under my name but cosigned by his dad who is undergoing bankruptcy.

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    • Probably but that's going to ruin his credit more

    • If he turns it over to you his credit won't suffer as badly as if something goes wrong and it retains both names.

What Girls Said 1

  • Best bet is to try & sell it whatever the condition. If you walk away owing money on it to the bank you credit rating will suffer.

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