Posted on: 05th Apr, 2007 04:09 pm
my mother wants to give the house to me can we use a quit claim and where we can get the document,our house is in ny.can we fill the quit claim ourself and submit? after i get the house i would take a loan, will i face any problem with bank about who the house is after using quit claim deed?
Hi Derek,
Welcome to Mortgagefit forum.
You can use a quit claim deed to get the house from your mother. On the deed your mother will be named as the grantor and you as the grantee. After the deed is filed properly you need to get it notarized and recorded with the county recorder's office which will complete the process of title transfer in your name.
Please go through this following page to know more about quit claim deeds and how to properly use them - http://www.mortgagefit.com/quitclaim-deed.html
About the deed form, for that you can download it from this page - "http://www.co.chautauqua.ny.us/legis/Legislation/05_04_27-RES%20-%20QUITCLAIM%20DEED(s).htm"
Colin
Welcome to Mortgagefit forum.
You can use a quit claim deed to get the house from your mother. On the deed your mother will be named as the grantor and you as the grantee. After the deed is filed properly you need to get it notarized and recorded with the county recorder's office which will complete the process of title transfer in your name.
Please go through this following page to know more about quit claim deeds and how to properly use them - http://www.mortgagefit.com/quitclaim-deed.html
About the deed form, for that you can download it from this page - "http://www.co.chautauqua.ny.us/legis/Legislation/05_04_27-RES%20-%20QUITCLAIM%20DEED(s).htm"
Colin
"after I get the house I would take a loan, will I face any problem with bank about who the house is after using quit claim deed?"
If the deed is correctly done then you become legal owner of the house and would not face any kind of problem regarding ownership of the house while taking the mortgage.
If the deed is correctly done then you become legal owner of the house and would not face any kind of problem regarding ownership of the house while taking the mortgage.
"can we fill the quit claim ourself and submit?"
DEREKARTETA, it would be more appropriate to take help of an attorney rather than doing it yourself.
Leinweber
DEREKARTETA, it would be more appropriate to take help of an attorney rather than doing it yourself.
Leinweber