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Transfer house and refinance?

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lbirdsong001 Joined: 02 Sep 2009 Posts: 1 1.27 Dollars($)	Posted: Wed Sep 02, 2009 9:27 am    Post subject: Transfer house and refinance? My brother is in jail and I need to get his house in my name. I will be paying the mortgage with his pension under POA. Do I have to get the mortgage refinanced or can I leave it in his name? How do I get the house in my name. He lives in Georgia.
smithsussane Joined: 18 Sep 2008 Posts: 3738 Location: Alaska 561.45 Dollars($)	Posted: Wed Sep 02, 2009 9:27 pm    Post subject: Hi lbirdsong! Welcome to forums! In order to get the property transferred in your name, you will have to ask your brother to sign a quitclaim deed. Contact an attorney and get the deed drafted from him. As far as the mortgage is concerned, I think you will have to refinance it in your name though you have a POA. You should contact the lender and take his opinion in this issue. Feel free to ask if you've further queries. Sussane

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