09-14-2010 06:13 AM
My husband was recently divorced when we met. The judge in the divorce ordered him to quick claim deed the house to his ex-wife. A couple of years after the divorce she decided to stop making the house payments thus causing a foreclosure. Since the loan was in both names (my husband being the primary borrower) there is now a foreclosure on his credit report(s).
We are in a place that we need to refinance our home but no banks are willing to consider us. Does anyone have any suggestions? We have tried explaining the situation and even though most can understand none are willing to help.
I have tried asking the credit bureaus to remove the foreclosure but have been unsuccessful to this point.
Any help, suggestions, people in similar situations would be greatly appreciated.
Thank you in advance for any input.