Real Estate Law
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The way to remove a co-borrower is either to refinance or see if the lender will release the co-borrower. Have you spoken you your lender?
"Contact the lender and ask for a novation. A novation is a type of assumption--a way for one party to assume responsibility for another person's loan. With novation, the original agreement that assigned responsibility to two co-owners is substituted for an agreement that assigns responsibility to just one, thereby relinquishing the other individual's responsibility for repayment. Not all loans are assumable, and even if yours is, there's no guarantee that your co-owner is qualified to assume it. However, if novation is possible it may well be your best option." http://homeguides.sfgate.com/remove-name-home-loan-9565.html
Is this person only on the loan or are they on the title?
I provided the 2 ways to remove the a co-borrower. I do not see that you have responded to my question.
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