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Quick Claim

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Beau Guest	Posted: Sun Jun 19, 2011 12:36 pm    Post subject: Quick Claim Like 0 Dislike 0 Me and my mom bought a house together a couple of yrs ago. I would like to go out and get my own place but i'm thinking it will be harder if I already have a home on my credit report. My question is if I quick claim her the house would it be easier for me to buy another home?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Sun Jun 19, 2011 4:25 pm    Post subject: Like 0 Dislike 0 Beau, I suppose you're Jose, to whom I just responded. This post indicates there's a mortgage loan involved, while the other post made no such mention of a mortgage. Assuming that this is a more accurate post, my answer changes. You'll still be considered liable for the mortgage debt regardless of whether you quit claim your ownership interest to her or not. If this is a completely new post by a completely different person, of course, then I'm incorrect; but my previous paragraph remains valid. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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