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my name is on unfiled warranty deed not on loan

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Icon Mini Profile bmcfunk





Joined: 08 Mar 2011

Posts: 1

1.33 Dollars($)
Post Posted: Tue Mar 08, 2011 5:24 pm    Post subject: my name is on unfiled warranty deed not on loan
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I bought the deed from a "friend" about three years ago. We signed a warranty deed. A month into rebuilding the house I found out he did not have the loan for the house, it was a business partner. I finished the house and was too nervous to file the deed. I am now in the position to purchase the home. I got financed but completing the paperwork to purchase the home is like pulling teeth between all the people involved. I just want this over. Am I liable in any way if I leave the property and just look for another home?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10477
Location: Nevada
990.06 Dollars($)
Post Posted: Tue Mar 08, 2011 8:54 pm    Post subject:
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Hi bmcfunk,

If your name is mentioned in the warranty deed as one of the owners of the property, then no one can force you out of the property. I will suggest you to contact a real estate attorney and take his help in this matter.

Thanks
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