Will a Quit Claim take care of the situation

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Icon Mini Profile alicemoore




Joined: 03 Jan 2007

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PostPosted: Wed Jan 03, 2007 4:02 pm    Post subject: Will a Quit Claim take care of the situation

I recently got married. My husband owns a home in Oregon and I own a home in WA state. We were married in WA and are living in my home in WA. The OR home is presently being marketed for sale....and as soon as it sells we will market the one in WA. Q: Would it be advisable in the interm to do a quit claim deed on both properties in order to get our names on both property titles, especially since OR is not a community property state. We want to protect one another during this time in case something tragic happens to one of us. Thank you
Icon Mini Profile colin
colin
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Joined: 30 Jun 2006

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Location: Waltham, Massachusetts
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PostPosted: Wed Jan 03, 2007 4:37 pm    Post subject:

Hi Alice,

Welcome to Mortgagefit forum.

You query has been answered on this page, kindly have a look: http://www.mortgagefit.com/discuss/about2007-2.html

Colin
Floris van Dijck

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PostPosted: Wed Jan 03, 2007 4:46 pm    Post subject:

Alice,

Quit claim would certainly help to make both of you equal owners for both the homes.

And in case something bad does happen to any one of you the other will have ownership rights over both the homes.

Floris van Dijck
Icon Mini Profile helping_user
helping_user



Joined: 31 Mar 2006

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Location: Hawaii
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PostPosted: Thu Jan 04, 2007 2:13 am    Post subject: add names through quit claim

Hi Alice,

Welcome to this forum.

You can add both of your names on the properties. This will help you to protect each of your share of interest in the property.

Thanks
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