Posted on: 23rd May, 2010 07:53 am
My parents want to add my brother and his son to title on their primary residence and a rental property. Both have a mortgage. How should we start? Should I contact the mortgage companies first or should I contact an escrow officer to add them to title?
These proporties are in the state of California.
Debra
These proporties are in the state of California.
Debra
Welcome dagilbert,
Your parents can contact a real estate attorney and get a quit claim deed form drafted from him. Then they can add your brother and his son to the deed. After that, they can inform the mortgage company about the transfer of ownership.
Your parents can contact a real estate attorney and get a quit claim deed form drafted from him. Then they can add your brother and his son to the deed. After that, they can inform the mortgage company about the transfer of ownership.