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Guest

Before I moved to the USA I had to sign a quit claim deed for my husband to buy a house, as I had no credit background. I have now lived here for 9 years, and my husband is wanting to put the property in joint names, ie. reversing the quit claim. We reside in California. Does anybody know what procedure is required?

Guest

Your husband can make a new quit claim deed to add your name to the title. In the deed it will be mentioned the your husband as the grantor is quit claiming certain share of interest in the house over to you.

Guest

Hi Barb,

As there is a mortgage still not paid off, your husband should contact the lender first and tell him about your plans of being added to the title. He may ask for the loan to be refinanced as their will be a change from the way title was held when loan was taken.

Let me add one more thing Barb, there is no method by which a previous quit claim deed can be reversed, if property ownership is required to be changed then a new quit claim deed is required to be made.

Thanks

blue · Posted: Mon Apr 02, 2007 12:32 pm Post subject:

Hi Barb,

Welcome to Mortgagefit forum.

As others have said a quit claim deed can be made out by your husband to transfer property ownership into joint names.

You can read this following page to know more about the procedure that is to be followed to change house ownership using a quit claim deed: http://www.mortgagefit.com/quitclaim-deed.html

Do let me know if you have any other questions.

Thanks
Blue

Guest

Thank you all for your help.

Guest

Now we know there is no quit claim reversal, my husband went to the Bank to let them know what we wanted to do (i.e. put the property in joint names), and the Bank wasn't interested - just told us to see a title company. Is that necessary, or can we just complete a quit claim deed, have it notarized and file it with the County? (we are in Los Angeles).
Look forward to your expert advice!

Guest

Well as it is clear now bank is not interested to know whether you are added to the title or not, as long as your husband is named on the title. But some banks do have clear rules on what steps to be completed if property title has to change from how it was held at the time mortgage was taken.

Instead of contacting a title company you can take help of an attorney to complete the procedure of quit claiming of interest in your name. You can do it yourself but taking advice of an attorney will be more suitable.

Stanton

Guest

Is that going to be less expensive going to an attorney, rather than a title company? And how do you pick a reputable title company, eh?

miller_st · Joined: 17 Jan 2007 Posts: 918 168.95 Dollars($)

Welcome back Barb.

Fees an attorney would be charging can vary and different attorneys can charge different fees, you will need to contact a few to know the fees. But it should be less expensive than contacting a title company.

Miller

adonis

Barb,

You can approach a title company and explain them your prupose of doing the quit claim. You can sign on the deed in front of their notary.

The title company will make sure that the deed is recorded at the County recorder's office. But you need to follow up and get informed as to whethre your deed is recorded.

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