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Quit Claim Deed

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Leroy Guest	Posted: Fri Jan 08, 2010 4:01 pm    Post subject: Quit Claim Deed Like 0 Dislike 0 If I have signed a quit claim deed am I responsible for the mortgage if my ex wife defaults?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12357 Location: bloomfield, ct 55.04 Dollars($)	Posted: Fri Jan 08, 2010 4:31 pm    Post subject: Like 0 Dislike 0 if you were originally a borrower on that mortgage, and there's been no change, then you are still fully liable, whether she pays or not. the only way in which you are released from liability is if the loan is paid in full or the lender grants you a release. what transpired during your divorce? were these items not discussed? check back with your lawyer to make sure you find out how they handled this. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
marklavender1 Joined: 13 Sep 2009 Posts: 120 -0.14 Dollars($)	Posted: Sat Jan 09, 2010 3:14 am    Post subject: Like 0 Dislike 0 as long as she is not going for refi, you are answerable for mortgage payment

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