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reverse quit claim deed

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adonis Joined: 22 Oct 2005 Posts: 10267 Location: ALASKA 1046.07 Dollars($)	Posted: Mon Jan 26, 2009 10:42 pm    Post subject: Like 0 Dislike 0 Hi rog t, I don't think a quitclaim deed will help your sister in saving the property. Rather any kind of property transfer now will be initiate a waiting period and she will not be eligible for getting the medicaid benefits. _________________ Procrastination is the enemy of your financial success
vonne Guest	Posted: Sun Feb 15, 2009 12:45 pm    Post subject: Quitclaiming Like 0 Dislike 0 Does the actual deed have to be signed and turned over before made legal?
jenkin7 Joined: 04 Jun 2007 Posts: 4537 Location: Hawaii 728.43 Dollars($)	Posted: Mon Feb 16, 2009 3:21 am    Post subject: validate quitclaim deed Like 0 Dislike 0 Hi vonne, The actual deed must be signed by the grantor (one transferring the property). In some states though, the grantee needs to sign the deed as well. The quit claim deed also needs to be notarized and recorded in the county recorder's office where the property is located in order to validate it.
Toya Guest	Posted: Thu Mar 05, 2009 5:53 pm    Post subject: Quit Claim Like 0 Dislike 0 My grandmother is ill and she owns a home with her son as the co-owner. She quitclaimed her part of the home to her other son without her son's (co-owner) consent.. is it legal and binding to quitclaim half of the property?
jerry Moderator Joined: 17 Oct 2005 Posts: 2619 Location: MICHIGAN 415.87 Dollars($)	Posted: Fri Mar 06, 2009 4:32 am    Post subject: Like 0 Dislike 0 Hi Toya, I found a similar discussion on the following page. Hope this would help you: http://www.mortgagefit.com/quitclaim/transferownership-legal.html#8100 4 Please feel free to ask further queries, if any. Thanks, Jerry
hector Guest	Posted: Sun Mar 29, 2009 10:12 pm    Post subject: q,c,d Like 0 Dislike 0 cual de dos q,c,d tiene preferencia el que se grabo primero o el segundo
jenkin7 Joined: 04 Jun 2007 Posts: 4537 Location: Hawaii 728.43 Dollars($)	Posted: Mon Mar 30, 2009 1:27 am    Post subject: Like 0 Dislike 0 Hi hector, Could you translate this into Enllish so I understand the issue and comment on it ?
cameo Guest	Posted: Mon Mar 30, 2009 8:29 pm    Post subject: question about form for quit claim Like 0 Dislike 0 what form do you use to quit claim property back?
cameo Guest	Posted: Mon Mar 30, 2009 8:30 pm    Post subject: also.... Like 0 Dislike 0 Here's another question; why would mortage companies require a spouse who will not be on the loan to sign a quit claim deed?
adonis Joined: 22 Oct 2005 Posts: 10267 Location: ALASKA 1046.07 Dollars($)	Posted: Tue Mar 31, 2009 12:11 am    Post subject: Like 0 Dislike 0 Welcome cameo, In order to reverse a quitclaim deed, you will have to fill out another quitclaim deed and record it at the county recorder's office. Is the mortgage company asking your spouse to sign a quitclaim deed or an interspousal deed? The mortgage companies may ask your spouse to sign an interspousal deed so that he/she does not have any claim on the property. If you default on the mortgage, they can foreclose the property and recover the dues. They will not have to satisfy the claims of your spouse regarding the property.
Anna Guest	Posted: Sun Apr 12, 2009 6:54 pm    Post subject: deed together and loan separate - credit score? Like 0 Dislike 0 Hi, we owe a house on which I have co-signed the deed, but the loan is on my husband's name only. If we don't pay the loan, will my credit score be affected? Many thanks for your help!
smithsussane Joined: 18 Sep 2008 Posts: 10045 Location: Alaska 921.83 Dollars($)	Posted: Sun Apr 12, 2009 10:47 pm    Post subject: Like 0 Dislike 0 Hi Anna! Welcome to forums! If you had co-signed for the loan, then the lender will come after you for the payments if your husband is unable to pay them off. If you are unable to pay the dues, then your credit score will get effected along with your husband's. Feel free to ask if you have further queries. Sussane
parakeet Guest	Posted: Sat May 16, 2009 7:33 pm    Post subject: quit claim deeds Like 0 Dislike 0 i signed a deed over to a lady introduced to me by a friend she said she wanted to purchase my house.she never paid the mort. and now my house is going to forclose what are options
smithsussane Joined: 18 Sep 2008 Posts: 10045 Location: Alaska 921.83 Dollars($)	Posted: Sun May 17, 2009 8:53 pm    Post subject: Like 0 Dislike 0 Hi parakeet! Welcome to forums! You are in a tough situation. If the lady has not refinanced the mortgage in her name, then you would be considered liable for the dues. If the property is foreclosed upon, then your credit will get ruined. You should contact that lady immediately and ask her to pay off the mortgage dues. You can even pay off the delinquent mortgage dues and then ask the lady to transfer the property to you. Feel free to ask if you have further queries. Sussane
BillfromMissouri Guest	Posted: Sun Jul 12, 2009 6:25 pm    Post subject: My mother and father died with the mortgage in their names Like 0 Dislike 0 My mother and father died with the mortgage in their names and owed more than the house is worth, but they added me before death on the deed by quick claim. Now the house is in forclosure and I live there with bad credit and would like to tranfer the loan to me. Is that possible or do I have to assume the debt and have forclosure on my credit? I have been waiting six months for an answer.

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