remove name out from the deed and title

jojowong1 · Joined: 04 Nov 2009 Posts: 1 1.32 Dollars($)

My husband and I bought a investment house in FL. The mortgage name is under my husband. But, the title and deed with both name. My husband did not pay the mortgage for 2 months and we assume to be foreclosure soon. But, I'm very concern of my credit as I need good credit to run my business. My question, can I
save my credit If I file a quit claim deed to remove my name out from both deed and title? other than record fee, Is there any transfer tax involve? What's the best way for me to save my credit.

raymond · Posted: Wed Nov 04, 2009 5:26 pm Post subject:

>>can I save my credit If I file a quit claim deed to remove my name out from both deed and title?

You're not on the Note, so your credit won't be impacted. You don't have to do anything. But your husband's credit is going to get destroyed.

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