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Quit claim deed

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Private Guest	Posted: Wed Jul 13, 2011 1:26 pm    Post subject: Quit claim deed Like 0 Dislike 0 If I quit claim the deed over with me having no intrest and now I want to get back on he will not add me back on the mortgage is under my name. Will the money that is owed to the back still get paid if I just walk and stop making the payments. the house is not upside down? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Thu Jul 14, 2011 11:21 pm    Post subject: Like 0 Dislike 0 Hi Guest! Welcome to forums! As your name is on the mortgage docs, you will be responsible for the mortgage payments. If you stop the payments, the lender will foreclose the property which will have a negative affect on your credit report and will also lower your credit scores. Feel free to ask if you've further queries. Sussane

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