I used to reside in New York with my ex-husband. We own a Town House which we bought for $350,000. The house is heavily mortgaged. The first mortgage
is solely in my ex-husband's name and he is responsible for that. We also took out a Home Equity
Loan for $50,000 which is solely in my name. The Title and Deed is in both our names. When we divorced my ex-husband stayed in the house, and I moved to Florida and bought a Town House, which I own free and clear. I have a Court Order stating that my ex- husband is responsible to pay off the Home Equity Loan, which he has been doing, but he's only been paying the interest, so the principle is still $50,000. Now he wants to sell the house, however, he claims that the mortgage
will supersede the selling price of the house. I believe this is called a "Short Sale". If this happens, how is this going to affect my Home Equity Loan, if there is not enough money in the sale to cover this. I feel that if he is not living in the house, he will no longer pay the Home Equity Loan, unless I take him to court, which is something I wish to avoid, since I now live in Florida. Is there a way to handle this from Florida, and not have to go to NY. He also claims that he does not need my approval to sell the house. Is this true, since my name is ***** ***** Title and Deed? What can I do to protect myself?