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hi, i currently have 3 loans for my house 1 bank 2private. on one of the private loans the lender whats me to sign a quit claim deed in his name,claiming he will pay all debt due. is that possible?

gunzijjistaff · Joined: 07 Apr 2009 Posts: 712 4.51 Dollars($)

Hi,

Do you know true mean of quit claim deed? After singing quitclaim deed this lender will be considered as a owner of this house, you have not any author on this property after signing quit claim deed. If you wish to do that, refinance all of remaining loan to him & then sign a quit claim deed. If you involving your attorney in this matter its safe for you so get attorney involved.

Thanks & Regards.
gunz.ijjistaff Laughing

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