I am a co-owner on a mortgage contract, the individual named on the contract is not paying as laid out in the contract. This becomes more co...

Question

I am a co-owner on a mortgage contract, the individual named on the contract is not paying as laid out in the contract. This becomes more complicated because my wife and her sisters own the property through inheritance. The individual named on the contract is one of the sister's son. Can my wife and I as Co-Owners foreclose on our portion of the contract? Thanks

Answer

It would depend a lot on how the property was inherited. I don't have that information.

Answer

You need to contact an attorney in your area to assist you. From your question it is unclear if you are a title holder or a mortgagee.