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appletongary · Joined: 09 Aug 2009 Posts: 20 0.00 Dollars($)

no. lender may treat it as a case of fraud.

quit claim deed does not guarantee that property under consideration is free from mortgage & tax linens.

if you are thinking to do so inform about it to your lender. they will ask new owner for refinance.

Guest

It is unlikely that you can force her to get a mortgage - it might be more likely that she can not get a mortgage, and you will have to re-claim the properties. A stickie in law issue for sure. You may loose the properties unless you start and continue paying the mortgages.

Guest

I am a co-signer for my sister on a loan I need to get my name off so that I can purchase my own home what is the best way

smithsussane · Posted: Fri Nov 06, 2009 10:25 pm Post subject:

Hi janelle!

Welcome to forums!

Your sister will have to refinance the mortgage in her name. This will remove you from the liability of paying off the loan and she would become solely responsible for the payments. Then you can get a loan to purchase a property of your own.

Feel free to ask if you've further queries.

Sussane

Guest

I have a rental property,fully paid for, no liens...I wish to sell it to 10 year tenant, as is at a mutually agreed price..howshould I go about it?

smithsussane · Posted: Thu May 27, 2010 10:51 pm Post subject:

Hi sistr!

Welcome to forums!

You can use a warranty deed in order to transfer the property from your name to a new user. It will be better if you an take the help of an attorney and get the warranty deed drafted. The mutually agreed price should be mentioned in the property deed.

Thanks

Guest

I am doing a quit claim to my son for property. My husband who died a year ago is on the deed as well as my name. Can I do a deed with just my name to my son do I need to put mine and my husbands name on it and just list him as deceased or how should i do this

jameshogg · Posted: Fri Jul 30, 2010 12:56 am Post subject:

Hi Sally,

You will have to remove your deceased husband's name from the property deed. You can file an affidavit of heirship at the county recorder's office to transfer the property in your name. Once this is done, you can sign a quit claim deed and transfer your property to your son.

Thanks

Guest

My husband's ex-wife has a warranty deed that my husband signed. At the time there was a 2nd mortage on the property, in which, the lawyer whom did this warranty did not check to see if leins or mortages was on the property, also the property is bought through a bank that only name on this account is my husband's name not the ex-wife. She has just recently moved out and told my husband he would have to take over the payments. Is there anything we can do to get rude of this warranty deed so we can get her name off of it? Also is it legal to do a deed like this?

smithsussane · Posted: Fri Sep 24, 2010 10:30 pm Post subject:

Hi Guest,

Your query has been replied to in the given page:
http://www.mortgagefit.com/propertytransfer/about44297.html

Take a look at it. Hope it helps you.

Sussane

Guest

When using a quick claim deed to transfer title between a father whom owns the properry on a quick claim deed due to divorce, and a son, what are the financial obligations attached to this transfer. I realize that the tax and insurance will be my responsiblity after the transfer (there is no mortgage), but is there anything else.

jameshogg · Posted: Fri Feb 11, 2011 10:39 pm Post subject:

Hi RC,

If there is a mortgage on the property, then the son will have to refinance the mortgage in his name or else the lender may call the loan due immediately.

Thanks

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Question about QuitClaim Deed and Warranty Deed