Reverse quit claim deed - How to do it?

jenkin7 · Posted: Thu Jul 02, 2009 9:52 pm Post subject:

Hi chad,

A quitclaim deed needs to be recorded with the county clerk's office in order to be considered valid. If the deed was not recorded for 10 long years, it iw likely that it will no mor be considered valid. I think you should first check with the county recorders office as to who holds the title. If it is still in your name, you can sell off the property.

Guest

I agreed to a short sale with my lender due to having a 365,000 mortgage with 101/2 interest rate with a payment of 3350. A loan modification didn't work out. My son wants to buy my home. The lender will sell it to him for 170,000, but will not do the loan because my name is still on the loan. Do I have to wait for the name change? He has good credit. Can you recommend a lender?

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