---

quit claim and liens

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
michshou Guest	Posted: Tue Sep 27, 2011 5:22 am    Post subject: quit claim and liens Like 0 Dislike 0 me and my significant other have been together some 20 or so years. both our names are on the mortgage. a lien has been placed on the property due to medical bills and his lack of insurance. can his name be removed in some manner to prevent this from occuring again as he still does not medical ins.? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Tue Sep 27, 2011 7:57 pm    Post subject: Like 0 Dislike 0 Hi michshou, If you have already paid off the existing lien on the property, then you can ask him to sign a warranty deed and transfer the property to you. However, if the lien has been already placed on the property due to his debt and if it has not been paid off, then he won't be able to remove his name from the property deed. _________________ Procrastination is the enemy of your financial success
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 516 Location: Australia 82.74 Dollars($)	Posted: Tue Sep 27, 2011 8:55 pm    Post subject: Like 0 Dislike 0 Hello michshou! You cannot transfer your property until the lien is paid.And if you fail to pay your property taxes the town can record a property tax lien that must be paid or the town will take possession of your property and sell it. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker

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