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jenkin7
Joined: 04 Jun 2007
Posts: 3421
Location: Hawaii
512.47 Dollars($)
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Hi busymommy,
Your father can add you to the property deed using a quit claim deed. He will sign the deed as grantor and both you and he will be grantors, receiving the title to the property. Then, get the quitclaim deed notarized and recorded with the county clerk's office.
Hi Guest,
You too can use a quit claim deed and get the title in your name. If your father does not need any share of the property, he can sign over the title to you. In this situation, he will be the grantor and you alone will be the grantee. However, since there is a mortgage in your father's name, he needs to talk to the lender before transferring the house to you. You may be required to refinance the current loan in your name. |
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DDBABY
Guest
0.10 Dollars($)
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Post subject: Would it make a difference?? |
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Would it make a difference if the new deed from Grantor to Grantee had the Grantor as Joint Tenants other than the Trustees as it was originally elaborated and recorded previously??  |
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jenkin7
Joined: 04 Jun 2007
Posts: 3421
Location: Hawaii
512.47 Dollars($)
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Hi DDBABY,
Could you elaborate a bit on the situation? From what you have mentioned in the post, the issue is not quite clear. The grantor was originally listed on the title as a joint tenant. He then transferred the property to the grantee through a deed, right? If this is the case, then it should not be an issue. What was 'recorded previously'? |
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Joe anonymous
Guest
0.10 Dollars($)
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Post subject: my mortgage deed |
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| I have 3 payments left and then my mortgage will be paid off. Will I be sent a deed or proof that there is no mortgage remaining? |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7405
Location: bloomfield, ct
62.63 Dollars($)
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joe you should receive a release of the mortgage (there are other terms than "release" but i don't have them handy in my mind at this moment). this release would be recorded in the land records where your mortgage is recorded. ultimately, and perhaps simultaneously, you will be receiving a canceled copy of your note as well.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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