Posted on: 27th Nov, 2006 04:41 am
my brother in law , He is trying to sell my second home (investment) through
a quickclaim deed, he asked me to sign and give the deed in a escrow title company , and the buyer will transfer, assume the loan after 6 month, the buyer wants to prove he can manage the house payment (to the bank)paying rent . Does it is possible to do a contract , signing the deed ? what are my chances?
a quickclaim deed, he asked me to sign and give the deed in a escrow title company , and the buyer will transfer, assume the loan after 6 month, the buyer wants to prove he can manage the house payment (to the bank)paying rent . Does it is possible to do a contract , signing the deed ? what are my chances?
I don't find anything fishy over here. Just take care of the fact that the buyer gives you in writing that he will assume the loan.
Hi rocketgirl,
I found similar thread where the same question has been asked. May be you have posted twice.
On that thread, our community members have suggested their views on the topic you are looking for. Please refer to this thread (http://www.mortgagefit.com/predeal/quitclaim-sellsecondhome.html) to get the suggestion from our members.
Thanks
I found similar thread where the same question has been asked. May be you have posted twice.
On that thread, our community members have suggested their views on the topic you are looking for. Please refer to this thread (http://www.mortgagefit.com/predeal/quitclaim-sellsecondhome.html) to get the suggestion from our members.
Thanks