Posted: Thu Nov 20, 2008 4:16 am Post subject: RE:
Hi Roxy,
Welcome to our community forums.
I guess forcing someone to remove her name from the mortgage would be illegal. However, I do understand your problem. Does the lenders know that the properties have been transferred? If they come to know of it, chances are that they may call the loan due. I think you should have a talk with the lenders and see if they are willing to allow for refinance of the loans.
Posted: Tue Dec 09, 2008 1:59 am Post subject: removed from deed
me and my sister purchased a house back in 89 she refinanaced in 93 she removed me from the deed without my permission or me siging anything is that possible. Thank you
If your name was on the deed on the property, then she cannot remove your name without your permission or your signatures. If something like that has happened, it is illegal.
Thanks. _________________ Good is the Enemy of Great.
Guest
Posted: Tue Dec 09, 2008 7:12 am Post subject:
If you truly held title to the property with your sister then your signature would be required to remove your name, not only that, your signature would be required on her mortgage since you (allegedly) had an ownership interest in the property.
Mano Guest
Posted: Wed Feb 04, 2009 6:31 am Post subject: Quitclaim deed
I want to use the quitclaim deed concept to transfer my property to my son. He is about to enter to a medical school and does not have much income now. I'll continue to pay the mortgage to the property after quitclaim. Once I transfered my property to my son's name, does any my creditors (such as credit companies) have right to enforce a "lein" on the transfered property? Thanks for responding to my question.
You're husband has the debt on his name, but not the title. Thus, if he defaults it will affect his credit score, and not hers. reversing the warranty deed is difficult. But this can be done if you can prove that your husband signed the deed under false pretence or was threatened to do so. Thus, I think you should consult a local attorney in this regard.
soney Guest
Posted: Fri Feb 20, 2009 8:56 pm Post subject: quitclaim deed
Hi, I am married and my husband had me to sign in the quitclaim deed. It says I am signing on this paper, remising everything, title, interest etc. But as my husband says, this paper is protecting me, in a case something happens to him, the house will be mine, without paying anything. Is it true?
A quitclaim deed transfers property from one person to another. When you sign a quitclaim deed you actually give up all your rights and interests in the property. I don't understand how a quitclaim deed will protect you. If the property had remained in your name, that wouldn't have been bad either, that would also have protected you.
However, if the deed mentions something like a joint tenancy form of ownership, then you can rest assured that though you signed the deed you still have an equal and undivided interest in the property and the right of survivorship will guarantee that if something happens to him you will inherit the property without paying anything.
Pat Jackson Guest
Posted: Wed Mar 04, 2009 12:03 pm Post subject: Quit Claim or Warranty Deed
My father wants to sell his farm to my brother, what form should be used
Alessandro Guest
Posted: Thu Mar 05, 2009 1:30 am Post subject:
Hi Pat,
Your father can simply sign a quit claim deed to transfer the title to your brother in exchange for money. He can even use a Warranty Deed to convey a free and clear title to your brother.
CJ2007 Guest
Posted: Thu Apr 09, 2009 7:29 pm Post subject: Deed Name change
My husband took out a loan with an accountant and signed a promissory note. He also used his one of his property as collateral. He has been late on payment but explained the reason with the accountant. Today we found out that he changed the name on the property to his name. Was this legal?
If your husband's name was on the property deed, then the accountant can't change it without your husband's signatures. In my opinion, you should consult an attorney and take his opinion in this regard. _________________ Procrastination is the enemy of your financial sucess
SILVIO Guest
Posted: Sat May 09, 2009 11:42 am Post subject: QUITCLAIM DEED
I QUITCLAIM MY HOUSE 10 MONTHS AGO WITH MY GIRLFRIEND DUE TO THE FACT THAT MY CREDIT IS BETTER THAN HERS ...REASON... FOR REFINANCE AND WATING FOR INTEREST GO DOWN...NOW... I DID NOT REGISTER MY QUITCLAIM DEED, IF I WAS TO REGISTER NOW COULD THE QUITCLAIM DEED BE TAKE IN CONSIDERATION WITH THE DATE THAT IT WAS ORIGINALLY SIGNED BY MY GIRLFRIEND AT THE TITLE COMPANY???
Jessica
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