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quit claim dee with a mortage

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Post Posted: Sun Jul 04, 2010 9:03 am    Post subject: quit claim dee with a mortage
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can a person quit claim a property in fl over to another person, on the mortage without the lenders permission?
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jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Mon Jul 05, 2010 10:42 pm    Post subject:
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Hi Guest,

A person can transfer the property to someone else though the property has a mortgage on it. However, it is always better to inform the lender about the property transfer. The lender will want the new owner to refinance the mortgage in his or her name.

Thanks
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