Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Property Ownership

Author Message
yazzie

Guest







Post Posted: Tue Jan 13, 2009 5:51 pm    Post subject: Property Ownership
Like 0
Dislike 0

Hope you can help. My Grandmother passed away leaving the deed to her home, the family home, in her eldest sons name though there were a total of six living children. Five of the six did not know that their mother had made that change and the eldest child did not mention it. Three of the six, including the deeded child continued to equally pay the taxes and repair on the home. Twenty plus years later the eldest son passes with no will. It was then that the remaining siblings found out that the deed is in his name. Now his wife has ownership, but is in no position financially to contribute to the tax or maintenance of the home. Fully aware that their name does not appear on the deed, the two siblings that had contributed regularly continue till this day out of respect for their mothers life long accomplishment and it has been over 4 years since the elder brother has passed. The wife is not oppossed to selling the property, but due to personal and financial issues will not proceed with bringing closure. Could my Grandmothers offsprings use the quick claim deed as a way to have authority and begin the process of selling or is there another way to have closure? The wife lives in Conn and the property is in Georgia. Rolling Eyes
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10038
Location: Alaska
920.62 Dollars($)
Post Posted: Tue Jan 13, 2009 9:28 pm    Post subject:
Like 0
Dislike 0

Hi yazzie!

Welcome to forums!

As the property is in the name of the deceased eldest sibling's wife, she needs to sign a quitclaim deed in the favor of the other siblings. Once the quitclaim deed is signed by her, it needs to be notarized and recorded at the county recorder's office where the property is located. Once the property is transferred in the name of the other siblings, they can then sell it off.

Feel free to ask if you have further queries.

Sussane
tracy

Guest







Post Posted: Wed Nov 18, 2009 10:38 am    Post subject: what to do?
Like 0
Dislike 0

the lady that i make my land payment to will not tell me what is owed on my property. i just want to know what the pay off is.she tells me "let me talk with my account" or let me get back to you.i dont want to upset her. im scared she might call the note due.i am not late on payments. what do i do
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10038
Location: Alaska
920.62 Dollars($)
Post Posted: Wed Nov 18, 2009 9:39 pm    Post subject:
Like 0
Dislike 0

Hi tracy!

Welcome to forums!

If you're current on your mortgage payments, then I don't think she would call the note due. You should negotiate with her so that she lets you know what the pay off is.

Sussane
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.073 seconds.