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gramercy2010 · Joined: 04 Mar 2010 Posts: 1 1.27 Dollars($)

Hello,

I want to take ownership of a mortgage that is under my sister's name. She does not want the property or mortgage at all. Is a quit claim deed the best way to go and if she signs it will I be able to refinance on the mortgage?

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

Hi,

If your sister wish to transfer loan & property, both of to you then she have to sign a quit claim deed to you & refinance the mortgage to your name.Then you are responsible to pay off loan & you will be the sole owner of property. But she have to inform to her lender before that's all.

Thanks & Regards.
gunz.ijjistaff Laughing

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