---

quit claim deed

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
lwdj58 Guest	Posted: Mon Aug 29, 2011 3:24 pm    Post subject: quit claim deed Like 0 Dislike 0 I'm not on Deed nor Mortgage. Years ago I had to "sign off". Since my name isn't on Deed nor Mortgage am I responsible for the debt? Also, home is going into foreclosure - how does that affect me credit wise? _________________ 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: Mon Aug 29, 2011 8:16 pm    Post subject: Like 0 Dislike 0 Hi lwdj! Welcome to forums! As your name is not mentioned on the property deed as well as the mortgage docs, you're in no way responsible for the mortgage payments. Even though the property is foreclosed, it won't affect you and the lender won't be able to come after you for the deficient balance resulting from the property sale. Feel free to ask if you've further queries. Sussane

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0