How can I sell my house as a quit deed?

qcannon · Joined: 06 Jun 2007 Posts: 1 1.31 Dollars($)

I have moved and have lived under 2 mortgages for the past 9 months. It is beginning to be too much for me. How can I sell as a quit deed really fast?

miller_st · Joined: 17 Jan 2007 Posts: 917 168.84 Dollars($)

If you have a buyer then you can prepare a quit claim deed to transfer ownership over in his name. On the deed you will be named as the grantor & buyer as the grantee and you also need to enter the value you will be receiving.

After deed is filled out, get it notarized and recorded with your county recorder's office. After completion of this process ownership will get transferred in the name of buyer. However you will have to pay off both the mortgages from the value you will receive from sale.

You can read more about usage of quit claim deeds from this page: http://www.mortgagefit.com/quitclaim-deed.html

Miller

Guest 0.10 Dollars($)

Are you expecting to get an amount equal to or more than the balance on both these 2 mortgage combined? I mean will you be able to pay off the mortgages?

jlovette93 · Joined: 05 Jun 2007 Posts: 5 2.56 Dollars($)

If you know the mortgagee or the note holder, you can refer them to a Cash Flow RealEstate Company.If you have already filled out a Trust Deed before they can buy the note from the person collecting the payments from you. They can call them for a Free Cash Value Estimate. If they accept the offer, you don't have to worry about them harassing you about your payments. I can give you more details about this information if you like. I can help you with your situation.

Juliette Lovett
Russ Dalbey Institute
1-901-832-9036
1-901-395-8019

Caron · Posted: Mon Jun 11, 2007 5:25 am Post subject:

Hi Juliette,

Welcome to our forums.

Thanks for sharing your knowledge with our community.

Hope you enjoy visiting our forums! Smile

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