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We are upside down on our condo. My husband plans to maintain the residence following our divorce and I am moving. However, nothing can be done to remove my name from the mortgage as we are in no position to refinance. I don't want the property...but I do not want to sign a quit claim deed if I cannot be removed from the mortgage. What is the best option in this situation? Also, I assume I would receive no compensation for relinquishing rights to the property, as there is no equity? Would this issue delay finalizing the divorce?
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