Posted on: 22nd Aug, 2006 08:44 am
can you quick claim a home while still have a mortgage loan?
can you quick claim a home while still have a mortgage loan?
Yes you can but for the mortgage you will still be liable and not the person to whom you have quit claimed.
The liability for payment of the mortgage will not get transferred with the the transfer of your interest in the property.
Thanks
The liability for payment of the mortgage will not get transferred with the the transfer of your interest in the property.
Thanks
Hi guest,
I found this page on quit claim and mortgage, http://www.mortgagefit.com/discuss/about2007.html . Just have a look.
Hope you get some idea from here.
Aaron Silver
I found this page on quit claim and mortgage, http://www.mortgagefit.com/discuss/about2007.html . Just have a look.
Hope you get some idea from here.
Aaron Silver