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If a person is going through divorce and wants to buy a house before the divorce...

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Guest	Posted: Fri Oct 03, 2008 7:23 pm    Post subject: If a person is going through divorce and wants to buy a hous Like 0 Dislike 0 If a person is going through divorce and wants to buy a house before the divorce...How does the soon to be ex-spouse release his claim or reponsibilities regarding the new house?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12330 Location: bloomfield, ct 50.03 Dollars($)	Posted: Sat Oct 04, 2008 4:38 am    Post subject: Like 0 Dislike 0 you'd better check with your legal counsel on this process - you could have issues, obviously, purchasing while still married but in the process of divorce. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044
lisascherzer Joined: 04 Jan 2008 Posts: 755 1.12 Dollars($)	Posted: Sat Oct 04, 2008 9:35 pm    Post subject: Like 0 Dislike 0 If both people are on the current mortgage, then the one that is going to keep the property needs to refinance to take them off the mortgage loan. At the same time, the title company can prepare a quit claim deed to remove the other person from the deed. _________________ Lisa Scherzer Allpointe Mortgage Expert Mortgage Broker 440-521-7060 Free Mortgage Quotes Get Mortgage Information Search Real Estate Agents Here

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