Quick Claim

Author Message
walldodger1969

Guest






PostPosted: Thu Mar 27, 2008 5:29 am    Post subject: quick claim swindle

My dad needed some money four years ago ,his cleaning lady's son in law ,loaned him 2,000.00 ,had him sign a quick claim,the house was free and clear (my dad said it was some papers),then ,the son-in -law took out a $75,000.00 mortgage,hasn't paid the taxes in three years...and my dad hasn't a clue what he did. Evil or Very Mad
Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

474.49 Dollars($)
PostPosted: Thu Mar 27, 2008 5:28 pm    Post subject:

Hi,

Welcome to the forum.

To whom he had quitclaimed? Do a title search to know - who is the present owner of the property.

If your father is not the owner now then he needs not to pay taxes.

Best of luck,
Larry
Imonia

Guest






PostPosted: Thu Apr 10, 2008 12:03 pm    Post subject: Reverse a Quitcalim Deed

My grandmother tricked my father into a quitdeed, she claimed she was financialy unstable and was going to be sued for her assests and needed to put her house in my dads name, so she quitdeed him onto the house now she will not pay her mortgage and she is threating my as if she is going to move out my dad is struggling trying to pay her mortgage and his he wants his name off that quitdeed or hers so he can sell the house or he wants her to take bake her responsability.
Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

474.49 Dollars($)
PostPosted: Thu Apr 10, 2008 11:03 pm    Post subject:

Hi Imonia,

Welcome to the forum.

It doesn't seem that your grandmother has tricked you father. As she has quitclaimed the property to your father, you father should refinance the mortgage on his name only an d pay the mortgage payments.

Now if your father cannot make the mortgage payments, the he should talk with your grandmother and asked her if she is willing to take the property back on her name. If she do not want the property the n your father can sale off the property and pay the lender off.

Feel free to ask if you have any further questions.

Best of luck,
Larry

All times are GMT - 7 Hours
 Previous  1 2 3 4
Page 4 of 4

 
Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






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


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


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

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0