Posted on: 27th Jul, 2006 01:56 pm
good afternoon. i live in toluca lake, ca and my 85 year old grandmother lives in orlando, and she has a condo that was just fully repaired from the hurricanes that hit two years ago. the problem is that she is in a hud housing facility and the sale of the condo would remove her from it. she has, what she considered to be a daughter in orlando, who has been in her life for the past 30 years. my grandmother and her discussed that she would sign a quit claim deed over to wanda and after the sale of the property, she would give her some money and leave the rest to me, her only grandchild. well, you probably can see where this is going, now she is being very nasty to my grandmother and has hung up on her twice. also, when wanda wanted my grandmother to switch over her cd from her bank to wanda's bank, when my grandmother was asked who is the beneficiary my grandmother said, my grandson. wanda got up and ran out of the office. i work in entertainment and have no expertise in this field whatsoever, but from my vantage point there is not much my grandmother can do. but, she has been making all of the mortgage payments to date and wanda hasn't paid anything. my grandmother has an appointment with her lawyer in two weeks, and now wanda won't return her calls. is there anything that she can do to reverse the deed or something to that effect?
I agreed to a short sale with my lender due to having a 365,000 mortgage with 101/2 interest rate with a payment of 3350. A loan modification didn't work out. My son wants to buy my home. The lender will sell it to him for 170,000, but will not do the loan because my name is still on the loan. Do I have to wait for the name change? He has good credit. Can you recommend a lender?
To Rodgers,
It depends on the lender and the particular situation if you need to sign on the mortgage when your husband's aunt refinances the home. Since both you and your husband have been added to the title as joint tenants, you are now legal owners of the property. In case you do not want to be liable for the loan, you can opt to not sign on the mortgage note. But the lender might insist that you and your husband be on the loan when the home is refinanced just to make sure that he does not have any problem while foreclosing the home in case of a default.
It depends on the lender and the particular situation if you need to sign on the mortgage when your husband's aunt refinances the home. Since both you and your husband have been added to the title as joint tenants, you are now legal owners of the property. In case you do not want to be liable for the loan, you can opt to not sign on the mortgage note. But the lender might insist that you and your husband be on the loan when the home is refinanced just to make sure that he does not have any problem while foreclosing the home in case of a default.
I bought a property a year ago and the mortgage is in my name and I had make all mortgage payments from day one.my fiancee invested 10k for me to acquire the property, and in return I included her in the title a month later by signing a joint tenancy with "Rights Of Survivourship" Quickclaim. Now we not longer live together. Is she entitle to just the money she invested, or can she claim half of the proceeds if the house is sold?
Hi npagan!
Welcome to forums!
As her name is mentioned on the property deed, she is entitled to receive half of the sale proceeds. If you want to remove her name from the property deed, then you will have to contact her and ask her to sign a quit claim deed.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As her name is mentioned on the property deed, she is entitled to receive half of the sale proceeds. If you want to remove her name from the property deed, then you will have to contact her and ask her to sign a quit claim deed.
Feel free to ask if you've further queries.
Sussane
my ex son in law..was having an affair...it led to a divorce..he signed a quitclaim on the house,that they had bought [fianced]...can he come back
and say he want's the house.
and say he want's the house.
Hi sabotanker,
Once your son-in-law had signed the quitclaim deed and transferred the property to your daughter, he doesn't have any rights to the said property. He cannot claim the property or force your daughter to transfer the property back to him. If he does so, your daughter can take legal actions against him.
Thanks
Once your son-in-law had signed the quitclaim deed and transferred the property to your daughter, he doesn't have any rights to the said property. He cannot claim the property or force your daughter to transfer the property back to him. If he does so, your daughter can take legal actions against him.
Thanks
I was a joint owner on our house and trying to be the better person I quick claim my rights away about 6 yrs. ago. The attorney that represented the other party had put an option for me to recieve some type of compensation. I received nothing to date. This has really been a thorn. I want compensation or to reverse the quick claim.
My dad lives in North Carolina, he moved out of his house he lives in with his wife. She wrote on a piece of paper him giving house and contents to her they went to bank signed and had this notorized does that make it a legal document . he realized he did the wrong thing is he stuck with this decision.
Hi tina,
If the paper is signed and notarized, then it can be considered as a valid document. Nevertheless, your dad should contact an attorney and take his/her opinion in this matter.
Thanks,
Jerry
If the paper is signed and notarized, then it can be considered as a valid document. Nevertheless, your dad should contact an attorney and take his/her opinion in this matter.
Thanks,
Jerry
south carolina issues you a quit claim deed after one year of the tax sale if the property didnt sale at the tax sale, i have been reselling the properties with out getting the cloud removed and selling them through a quit claim deed am i liable? there are no structers on the properties i buy so no mortgage please help
thank you
thank you
Hi brian,
If there are no mortgages on the property, then you're not liable. Nevertheless, you should better contact a real estate attorney and take his opinion in this matter once.
If there are no mortgages on the property, then you're not liable. Nevertheless, you should better contact a real estate attorney and take his opinion in this matter once.
Want to make sure property resorts back to grantor upon my death
Hi Wanda,
You may draft a will in that respect so that the property goes back to the grantor upon your death.
Thanks
You may draft a will in that respect so that the property goes back to the grantor upon your death.
Thanks
my boyfriend quitclaim his half of some property to his ex,then she quitclaimed his half back...she recorded hers at the time he forgot to record his when he got it back..3yrs ago.. now she says its all hers.. how much time can you wait before recording it..can't he go record it now?/