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 sol_cinderella
Joined: 10 Aug 2009
Posts: 2
1.57 Dollars($)
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 Posted: Mon Aug 10, 2009 12:00 pm Post subject: will a quick claim deed keep the bank from taking the proper |
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| will a quick claim deed keep the bank from taking the property without giving us a chance...about 2 years ago my brother conned my Father into quickdeed the Property that was free and clear.. Last year i found out he got a mortgage or loan on it now he is in a foreclose. I live here to help take care of my Father..Some one told me to get a quick clam deed done so that if he doesn't get out of forclosue then we would have first claim on the property We live in Ohio... Property is valued at 135,000 loan on property is 85,000 |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7448
Location: bloomfield, ct
70.12 Dollars($)
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| Posted: Mon Aug 10, 2009 12:04 pm Post subject: |
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trying to avoid a foreclosure action by transferring title via quit claim isn't going to work.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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sol_cinderella
Joined: 10 Aug 2009
Posts: 2
1.57 Dollars($)
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| Posted: Mon Aug 10, 2009 12:09 pm Post subject: |
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| we will probaly have to pay his loan to stay here? |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7448
Location: bloomfield, ct
70.12 Dollars($)
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| Posted: Mon Aug 10, 2009 12:10 pm Post subject: |
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that would make the most sense, i think.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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