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Guest
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 Posted: Thu Aug 06, 2009 10:31 am Post subject: can he add me to deed |
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| friend lives in condo in Washington DC. can he add me to his deed without going thru mortgage company? what is the process? |
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 erickinney01
Joined: 02 Aug 2009
Posts: 51
0.00 Dollars($)
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| Posted: Thu Aug 06, 2009 11:09 am Post subject: |
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| he can do it by signing a quit claim deed. but he needs to inform mortgage company about otherwise they may consider it as a case of fraud |
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jameshogg
Joined: 20 Dec 2005
Posts: 4291
Location: nevada
509.34 Dollars($)
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| Posted: Thu Aug 06, 2009 8:44 pm Post subject: |
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Hi Guest,
I agree with Eric. A quitclaim deed can be used to add your name to the property deed. As there would be a change in the ownership of the property, your friend should inform the lender about it. The lender may want both of you to refinance the property in your name.
Thanks |
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