Login
Lender Signup
Community Signup

World's Largest Mortgage Community
(28,722 members)

What are you looking for?

Quit Claim Deed

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
JOseph Corley Guest 0.10 Dollars($)	Posted: Sat Sep 08, 2007 8:36 am    Post subject: Quit Claim Deed Can a grantor quitclaim a deed that still has a mortage attached to it? And if so, how can that be reversed?
larry Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)	Posted: Sun Sep 09, 2007 8:10 pm    Post subject: Hi Joseph, Welcome to the forum. A quitclaim deed is a type of deed which is used to transfer property even if there is any lien against it. So, there is no problem if a grantor quitclaim over a property with a loan attached to it. But once the deed is transferred by using a quitclaim deed, it is very difficult to reverse the deed. For that, you may need the help of a lawyer.
miller_st Joined: 17 Jan 2007 Posts: 917 168.84 Dollars($)	Posted: Mon Sep 10, 2007 1:09 pm    Post subject: "Can a grantor quitclaim a deed that still has a mortage attached to it? " He can quit claim the house but the lender might ask the new owner to refinance the mortgage in his name or the loan be paid off. Miller

Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours

Page 1 of 1