Removing name/responsibility from mortgage

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Icon Mini Profile brennamom3




Joined: 28 Sep 2009

Posts: 1

1.28 Dollars($)
PostPosted: Mon Sep 28, 2009 11:26 am    Post subject: Removing name/responsibility from mortgage

How can my daughter have her name and financial responsibility removed from her mortgage? She and her boyfriend purchased a new home together in Texas in July of 09. She has just found out that he has been seeing another woman since Feb. 09. Is there a way to remove her name since she was deceived in purchasing the home?
Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

Posts: 3737
Location: Alaska
561.26 Dollars($)
PostPosted: Mon Sep 28, 2009 7:46 pm    Post subject:

Hi brennamom!

Welcome to forums!

Your daughter can sign a quitclaim deed in favor of her boyfriend and remove her name from the property deed. However, this won't remove her name from the mortgage. In order to remove her name from the mortgage, she will have to ask her boyfriend to refinance the loan.

Feel free to ask if you've further queries.

Sussane
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