Real Estate Law
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Why was the first agreement/contract invalidated? What was the basis for it?
It hasn't been invalidated yet. My wife's attorney claims my wife was forced into signing it or I would not return my loan against the house for her to do a refinance. I had a right to take a loan against the heloc as it was in my name and hers.She had other options than to refi, she was just about to lose her job. The 2nd agreement was needed by the mortgage company. If she wins her case and invalidates the 1st contract what happens to the 2nd one?
I remember now.
She would need to move to invalidate each contract separately. Just because the first contract is invalidated, it would not automatically invalidate the second. However, if the same terms that she invalidates from the first are in the second, then she has a stronger case if the second contract is invalidated.
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