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Do I lose my right to the house if I sign interspousal deed?

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Icon Mini Profile jameshogg
jameshogg




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Post Posted: Wed Jul 20, 2011 10:49 pm    Post subject:
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Hi Linda,

If your property is in a trust, then the Medicaid won't be able to place a lien on the property.

Thanks
duane

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Post Posted: Mon Aug 29, 2011 8:42 am    Post subject: quit clam deed
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I signed a quit clam deed 10 years ago to protect our home from a possible lien for my old debt. If my wife divorces me now will I lose my half of the house. Also in our will everything go to surviving spouse, what if she dies do I lose house because of quit clam deed?
Icon Mini Profile smithsussane
smith.sussane




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Post Posted: Mon Aug 29, 2011 8:59 pm    Post subject:
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Hi duane!

Welcome to forums!

If the property is in the name of your wife, then after the divorce, you won't have any claims over that property. She will be considered the sole owner of the property. You may lose the property because of the quitclaim deed.

Sussane
Marcyt

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Post Posted: Tue Nov 15, 2011 6:15 pm    Post subject:
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My husband and I are in the middle of divoce. Trading off the house for his pension, I want to keep the house and he keeps his pension. There is a morgage. What is the diference between signing of a Quit Claim Deed and a Interspousal Transfer Deed?.
Icon Mini Profile smithsussane
smith.sussane




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Post Posted: Tue Nov 15, 2011 9:29 pm    Post subject:
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Hi Marcyt!

Welcome to forums!

Interspousal deed is a better option in this case as it will make you the sole owner of the property and your husband won't be able to claim any further rights on that property. To know more about interspousal transfer deed, check out the given page: http://www.mortgagefit.com/discuss/interspousal-transferdeed.html

To know about quitclaim deed, check out: http://www.mortgagefit.com/quitclaim-deed.html

Feel free to ask if you've further queries.

Sussane
jewels

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Post Posted: Sat Nov 19, 2011 1:26 am    Post subject: court ordered health insurance
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I have already filed for divorce, child support was ordered, as well as, health coverage for our 14 yr old child. My ex decided to quit his job and go freelance. I had health insurance until I got laid off. Now it is a serious issue. What course of action can I take to have the health insurance enforced.
Icon Mini Profile adonis
adonis




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Post Posted: Sun Nov 20, 2011 8:53 pm    Post subject:
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Hi jewels,

Your query has been replied to in the given page:
http://www.mortgagefit.com/know-how/about53494.html

Please take a look at it. I hope it will help you.

_________________
Procrastination is the enemy of your financial success
May

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Post Posted: Tue Apr 03, 2012 9:04 pm    Post subject: Quit claim
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My husband let me sign quit claim before we move to the house. But he's on the mortgage name only, but the title is under our name. We're having problems right now, does it mean I can't have a share of the house if sold
Icon Mini Profile adonis
adonis




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Posts: 10562
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Post Posted: Tue Apr 03, 2012 11:14 pm    Post subject:
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Hi May,

If your name is mentioned on the property docs, then you will be considered as one of the owners of the property. In that case, you will be able to claim your share in that property.

_________________
Procrastination is the enemy of your financial success
JoJo

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Post Posted: Thu Apr 26, 2012 5:04 pm    Post subject: Interspousal Grant Deed
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Ex wants me to sign a quitclaim deed, or intespousal grant dee so he can refinance right now with the interest rates so low. Says he cannot refi without it. Is this true?? should I sign?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10460
Location: Nevada
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Post Posted: Thu Apr 26, 2012 11:28 pm    Post subject:
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Hi JoJo,

If you sign the inter-spousal transfer deed or the quitclaim deed, then you won't remain an owner of the property any longer. If you're staying in a community property state and are divorced or separated, then there are chances that the lender is asking your ex to get the deed signed by you.

Thanks
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