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quick deed to transfer to son

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Post Posted: Fri Jul 03, 2009 5:01 pm    Post subject: quick deed to transfer to son
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my son invested almost all the money into the home but i sold my my home and bought this one for him
Icon Mini Profile jenkin7
jenkin7




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Post Posted: Fri Jul 03, 2009 10:37 pm    Post subject:
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Hi Guest,

You can definitely use a quitclaim deed and transfer the property to your son. You can also use a warranty deed to transfer the title to your son. Do you have any mortgage on the property? If there is one, you should inform the lender of this change in title.
Icon Mini Profile gunzijjistaff
gunz.ijjistaff




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Post Posted: Sat Jul 04, 2009 3:39 am    Post subject:
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Hi Guest,

Welcome to our forum,

You can us quite claim deed to transfer property to your son. You have to inform to your lender before signing quit claim deed. As jenkin Says there is warranty deed is one more option for transfer your property to your son.

Thanks & Regards.


gunz.ijjistaff. Rolling Eyes Rolling Eyes
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Icon Mini Profile robertsmith2005





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Post Posted: Sat Jul 04, 2009 4:39 am    Post subject:
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for a warranty deed title must be clear and free of liens and you should have the right to transfer/sell it to the grantee/buyer.
Icon Mini Profile millerja9





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Post Posted: Sat Jul 04, 2009 9:25 am    Post subject:
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definately as all suggested quit claim deed will help to transfer property to your son.
But prior to do that just check with your lender about the mortgage related things
fletchs_carson@yahoo.com

Guest







Post Posted: Mon Oct 10, 2011 2:39 pm    Post subject: Transferring home to son
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I want to quick claim my home to son before entering a retirement home.
What might be the advantage/disadvantage to him. Can he claim any benefits as a second home vs renting it out re tax any tax advantages?
Thanks for any help you can give me on this matter.
Icon Mini Profile smithsussane
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Post Posted: Mon Oct 10, 2011 9:46 pm    Post subject:
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Hi fletchs!

Welcome to forums!

Your query has been replied to in the given page: http://www.mortgagefit.com/Property-transfers-and-Real-estate-related- issues/Advantage-To-quit-claims-deed-Now-vs-trust-after-death.html . Please take a look at it. I hope it will help you.

Sussane
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