Compare Mortgage Quotes

jnstarb · Joined: 25 Aug 2008 Posts: 12 6.78 Dollars($)

I did a Quit Claim on property, I no longer hold any interest on this property. By having this Quit Claim, can it release me from this foreclosure complaint? My name was only on the mortgage so my name would be on the title. My name is not listed on the note nor did i sign any thing on the note.
Can anyone give me help on my type of situation.
Thank you

gmakerley · Posted: Fri Jun 05, 2009 8:00 am Post subject:

please elaborate - is the foreclosure action already taking place? if so, you could be deemed to have quit claimed your interest fraudulently. even if not, if you know that an action is imminent, you can be held accountable for your ownership.

jnstarb · Joined: 25 Aug 2008 Posts: 12 6.78 Dollars($)

I receive the papers 6 days ago. The Quit claim was filed more than 7 months ago and before there were any late payments.

gmakerley · Posted: Fri Jun 05, 2009 8:34 am Post subject:

that would seem to eliminate any potential for problems.

jnstarb · Joined: 25 Aug 2008 Posts: 12 6.78 Dollars($)

thank you for your reply. I will be talking to a lawyer to help me with my defence. any other suggestions that could help would be appreciated.

jameshogg · Posted: Fri Jun 05, 2009 8:38 pm Post subject:

Hi jnstarb,

Your query has been replied in the given thread:
http://www.mortgagefit.com/quitclaim/foreclosure-papers.html

Please take a look. I hope it'll help you.

Thanks

jnstarb · Joined: 25 Aug 2008 Posts: 12 6.78 Dollars($)

what if they can not or will not refinace. the house is not worth the oringal cost and refinancing may be a problem. what can they do to the other property I own.

gmakerley · Posted: Sat Jun 06, 2009 9:32 am Post subject:

your other property ought to be just fine.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

name not on note