What are you looking for? 

quick claim deed

Author Message
bob brokins

Guest







0.10 Dollars($)

PostPosted: Tue Apr 04, 2006 1:56 pm    Post subject: quick claim deed

my mother quick claim her home to my sister and aunt can she change her mind once its done
 
image
Icon Mini Profile Samantha
Samantha
Community Mentor
Community Mentor

Joined: 16 Sep 2005

Posts: 1535
Location: MASSACHUSETTS


136.50 Dollars($)

PostPosted: Tue Apr 04, 2006 2:10 pm    Post subject:

Hi Bob,

Welcome to MortgageFit Forums.

Through a quit claim deed she can transfer her interest in the ownership of the property to your sister and your aunt.

But once it is transferred, she can't take it back as long as they do not transfer it back to her.

Feel free to ask if you have any more doubts.

God bless you.

For MortgageFit,
Samantha

_________________
Know how to compare lenders with mortgage booklet
 
image
Rhonda

Guest







0.10 Dollars($)

PostPosted: Tue Apr 04, 2006 2:32 pm    Post subject:

Why do you think she may change her mind after the deed is made? If there is anything she likes to have for a temporary period of time, then advice her to take cautious steps.

As quit claim deed will make her lose control over the ownership interest again without the grantees' giving it back.
 
image
Icon Mini Profile Bill
Bill


Joined: 21 Mar 2006

Posts: 83
Location: Illinois


3.65 Dollars($)

PostPosted: Wed Apr 05, 2006 7:47 am    Post subject:

No - proceed with caution!
_________________
Bill Clanton is a Mortgage Specialist and Manager of State Street Mortgage of Illinois. StateStreetMortgage.Net
 
image
D Bryant

Guest







0.10 Dollars($)

PostPosted: Mon Sep 22, 2008 11:41 am    Post subject: Quick Claim Deep

In 2006 my mother and I did a quick claim deed to add my sister to the deed. My mother has now passed away, is my sister now responsible for my mothers part of the mortgage, if not what is her responsibility.
 
image
Icon Mini Profile jerry
jerry
Moderator

Joined: 17 Oct 2005



Posts: 1026
Location: MICHIGAN


124.11 Dollars($)

PostPosted: Tue Sep 23, 2008 1:46 am    Post subject:

Hi D Bryant,

Welcome to MortgageFit Forums!

I don't think that your sister will be responsible for the mortgages of your mother's part because she has only signed a quitclaim deed. In case, she had gone through the process of novation or refinance. If she had done so she would have been responsible for the mortgage. Your sister has the right to stay in that property.

Hope this will help you.

Thanks,

Jerry
 
image
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool
Mortgage Planner
Simple Budgeting Tool


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk

 
About Us  | Contact Us  | Our Blog  | Privacy Policy  | Testimonials  | Website Tools  | RSS Feeds  | Site Map 
We have chosen to apply the Creative Commons Attribution License to all works we publish.
This work is licensed under cc by 2.0