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The Watercooler
Somebody please just shoot me!
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<blockquote data-quote="DammitJanet" data-source="post: 562989" data-attributes="member: 1514"><p>This is one of those huge snafu's when an elderly person owns any property HOWEVER, they cant put the co-owner out of the home if it will cause a financial strain to the person living in the home. Now, to prove that. He should be able to prove he is the one that made the majority of the payments and the home was only in her name to keep the home away from ex girlfriend/wife because it was a family home. I am also betting the tax value is MUCH higher than the real value. They have the tax value on my double wide trailer as something far higher than its worth. In fact, at one point I had the only mobile home that increased in value...lol. I had to call the assessor out and make them do another assessment and have them explain exactly how a trailer can increase in value. I paid 40K and just how in 5 years it could increase 20K. That is impossible. This is like a vehicle, they go down in value fast.</p></blockquote><p></p>
[QUOTE="DammitJanet, post: 562989, member: 1514"] This is one of those huge snafu's when an elderly person owns any property HOWEVER, they cant put the co-owner out of the home if it will cause a financial strain to the person living in the home. Now, to prove that. He should be able to prove he is the one that made the majority of the payments and the home was only in her name to keep the home away from ex girlfriend/wife because it was a family home. I am also betting the tax value is MUCH higher than the real value. They have the tax value on my double wide trailer as something far higher than its worth. In fact, at one point I had the only mobile home that increased in value...lol. I had to call the assessor out and make them do another assessment and have them explain exactly how a trailer can increase in value. I paid 40K and just how in 5 years it could increase 20K. That is impossible. This is like a vehicle, they go down in value fast. [/QUOTE]
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Somebody please just shoot me!
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