Enter your answer hereIf you are both on the mortgage you are both equally responsible. I recommend you talk to a Attorney to understand your rights and options.

You may also want to consider selling or seeing if your sister wants to refinance and buy you out!

I agree with Al on both comments. It is smart to consult a real estate attorney in the state where the property is located. And, it may be in your best interest to sell.

AL is correct, you are both legally responsible for the mortgage as both of you are on the mortgage note. It is in both of your interests to work on either selling the property, or refinancing it to just your name and buying her out (if there is any equity in the home) for her share due to the fact any late payments, etc. will affect both of your credit scores. I would also agree to talk to a real estate attorney in the city you live as real estate laws can vary depending on what state the property is located in. This will help you decide on which option to go with, or just working together and keeping it the way it is. If you have any other questions, you can contact me at dmcdermitt@beaconfinancial.biz