Posted: Tue Jan 17, 2006 1:43 pm Post subject: Quick Claim Deed
My mother owns a house that is paid for, only taxes are owned. My brother had a Quick Claim Deed on the property. Who has ownership, how can this be reversed to my mother as the soul owner, so that can execute a will with all of childrens list as part owner of the propert. Thanks Much
Posted: Sat Jan 21, 2006 1:41 pm Post subject: removal of name from deed
i did a gift deed to my husband. since then we have divorced, in the divorce he gave all rights of property to me. haw may i have his name removed without an attorney.
Actually it is always advisable to settle these matters at the time of divorce as later on it may bring some unwanted problems forward.
Anyways, it is not late for you still. You can remove his interests in the property through a quit claim deed. You can prepare the deed yourself.
But I have seen a lot of problems in real estate matters due to ignorance on our part. So, as your friend, I shall suggest you to get the deed prepared by an escrow office or an attorney.
Posted: Wed Jan 25, 2006 5:37 am Post subject: mortgage
Since my husband & I refinanced the company we went with made a mistake and only put the loan in my husbands name. they told me not to worry the house is still in my name but im not responcible for the loan. Is this true?
If so why did I have to sign all those papers also and they all say borrower's with both are names listed. im confused.
what happens if he dies am i then responcible for the loan?
thanks
Yeah, that was a mistake and what they have said to you is WRONG. If something happen you are one who is responsible for all the things related to loan.
Get all these things sorted out Terrie. The common formula of life is not to live in dilemas, clear up all the things as whats happed with is you is not correct.
Posted: Thu Jan 26, 2006 8:59 pm Post subject: Car Accident
my mother and I are owners of a house, she had a car accident five years ago, it was my mothers fault. The people whom my mother had the accident are put her in court or are trying to go to court, is she in risk of losing her house
Posted: Thu Jan 26, 2006 9:19 pm Post subject: RE:
Hi,
I can understand that you are in some problem at this point of time. Whether your mother will lose her home, depends on the amount the court will claim. If it is affordable, then she will be able to keep the home. But in case it's a huge amount then there is a chance of your losing the house.
I think you should immediately consult an attorney as he can suggest a better way out of this problem.
Posted: Fri Jan 27, 2006 6:55 am Post subject: House
I baught a house in my name for a friend because she had bad credit. Now she wants me to quick claim it over to her, but I don't know if it is the right thing to do, and what I will be responsible for in the long run. What should I do and shouldn't do, and what are my rights legaly.
You said that you bought it for her, so whats the harm if she is asking you to transfer to her. Whats your concern Kim??
Yeah now comes the responsibility in the long run. You should pass all the liability to her but again may be your lender will not allow as her credit is not good so the lender will not be sure about the payment part which she is going to make.
You can consult to the local attorney on this. Legally you have the property and and now its upto you to decide wether to transfer or not.
Posted: Sun Jan 29, 2006 10:08 am Post subject: Quit Claim
My mother wants to give me her house so that she no longer owns the house but will still live in it. Can she just give me the house without me having to pay inheritance tax? Do I have to buy the house from her and if so, does she have to sell it at the value of the house or can she sell it for any amount that is less than the value?
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