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Re: Removal of names from deed
by Nicole (PA)
on October 30, 2013 @08:58
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a partition action would allow any of the parties to eventually pay off the others and retain ownership- if the price can be worked out. Since the parties can't agree, the judge makes the ultimate decision.
Most times, by the time the court fees & attorney fees are paid, working it out yourselves is much more affordable.
Of course, someone must have the available funds, the ability to obtain financing, or (not likely) work out a private payment plan with the other owners.
If you like real estate "stuff", google "push pull agreement" - for a nerd like me, it is the coolest thing ever !!
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