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my daughter bought a house, since she could not get the mortgage, my husband and I got the mortgage.

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Icon Mini Profile heedahassanali



Joined: 08 Sep 2008

Posts: 1



1.27 Dollars($)

PostPosted: Mon Sep 08, 2008 9:08 am    Post subject: my daughter bought a house, since she could not get the mort

my daughter bought a house, since she could not get the mortgage, my husband and I got the mortgage...she pays the mortgage and all expenses for the house. How can I transer the house to her name...she still would not be ale to get a mortgage.
 
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Icon Mini Profile helping_user
helping_user


Joined: 31 Mar 2006

Posts: 800
Location: Hawaii


148.86 Dollars($)

PostPosted: Tue Sep 09, 2008 2:03 am    Post subject:

It's simple! Just use a quitclaim deed in order to transfer house to your daughter. But see that any such transfer doesn't make the loan due. You need to check this out from the terms and conditions stated on the loan doc.

Know what a quit claim deed is all about.

Thanks.
 
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