I was reading the divorce agreement and I was wrong. It says that the He is listed on the mortgage for the property, but not the underlying note. However if we look in the miamidade.gov he shows on the note. So it is very confusing. And now its 2 attorneys that say that there is nothing he can do.
Thank you again for all your answers
The decision is up to your boyfreind but if you have a foreclosure on your record it will be a while before you purchase another home.
If he IS NOT on the loan his credit may not be effected HOWEVER concerned about any tax issues and etc.
Nothing you can do if house is going to foreclosure unless you speak direct with lender, request a extend the time, banks dont want the home... however if he is not on the loan he cant speak with lender.
~ National Featured Realtor and Consultant, Lecturer regarding Credit Repair, Mortgage Loan Officer