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Search: "Claim deed"

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Asked 08/28/2009 09:03 am CT (Bloomington, IN)

I am going through a divorce. My name is not on the mortgage but i am getting a quitclaim deed. I will mainstain the payments of the mortgage as i have done for the last 1 1/2 years. If i decide to sell the home after the divorce, will he recieve any of the profit if there is a profit.

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Kim, This is a questions for your attorney. The divoirce decree will layout the terms of the divi...

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Asked 06/28/2009 07:45 am CT (Jacksonville, FL)

My mother has filed a quickclaim deed with the county as \"rights of survorship\" to me. We want to add my name to the actual deed with the mortgage company. Will I be required to re-finance the home with the mortgage company (bank of america)? When the loan was with country wide we were told that as long as I was on the actual deed to the home I could simply continue the payments. I have no interest in selling the home and just want to live in it.

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You would have to check directly with BofA, but most likely yes. Just because you are on the deed, ...

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Asked 04/08/2009 09:44 pm CT (Houston, TX)

What is a quit claim deed?

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Dear S M, A Quit Claim Deed is designed to add or take someone off of a title to a property. Be v...

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Asked 03/16/2009 12:44 pm CT (Dallas, TX)

My ex husband and I owned a home together. We divorced and I signed a quit claim deed so that he could refianance the home in his name using his VA and I could have mine back. He has yet to refinance the home. It has been over thirty days. If he does not refinance the home what are my options?

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Dear Kelly, in order to remove your name on this loan, your exhusband has to refinance this property...

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Asked 11/03/2008 12:57 pm CT (Tulsa, OK)

I signed a quit-claim deed and let my ex husband have the house in our divorce 4 years ago. The divorce decree states that I shall be "held harmless" when it comes to the mortgage My name remains on the mortgage. He rarely makes a house payment on time and has trashed his credit right along with mine. I have defintely been harmed. I am unable to obtain a credit card, a car loan, or any type of loan whatsoever. He only owes $11,000 on the house and it is worth around $150,000. Still yet, with his poor credit and low cash flow (he is self-employed) he says he can not find anyone to refinance the mortgage and release my name; nor does he have the cash to pay it off. He does seem to come up with money when he wants to...e.g. a new Harley Davidson, 2 SUV's, a boat, 2 sea-do's, etc. etc., however, that was before the economy got so bad. My parents have hired an attorney on my behalf and plan to take this matter to the court's in hopes of the issue being resolved. I have researched the matter and am afraid that they might be wasting their hard earned money. Am I completely out of luck, or is there a possibilty this could be resolved somehow? Thank you in advance for any advice you can give me.

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Asked 07/19/2008 09:24 am CT (brownstwon, MI)

I have been divorced 5.5 years. I have a 1st mortgage (171,000, 30 year, 6.25%) and a second (21,000, 15 year, 8.5%) still in my name with my ex-wife. I signed a quit claim deed to the property during our divorce. She has been 30 to 60 days late on both mortgages almost the entire 5.5 years. She has dropped my credit below 600 becuase of this. She is now going to stop paying the second mortgage because she thinks nothing will happen to her and I will have to pay. What should I do?

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Asked 05/29/2008 10:11 am CT (Baltimore, MD)

I want to refinace my house to get caught up on bills but I\\\'m not able to becasue of my credit. I wanted to do a QuitClaim Deed to add my mother so that she could refinace. I was told that because she is not on the original loan I could not do that in addition to her not living in the house. Is any of this true? I was told this after the agent got all our info and processed it. He knew she didnt live with me from the beginning and also that I was the only one on the loan.

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Asked 02/21/2008 04:15 pm CT (RENTON, WA)

I have been seperated from my wife for 2 years. She is living in the house. When we refinanced 3 years ago the loan was only in my name. Her parents had been making the mortgage payments for her. To help make things easier I signed a quit claim deed to my wife and then she in turned did the same to her parents so they could refiance the property to lower the payments. After 9 months they still hadn't refied. They also always late with the mortgage but kept telling me they were working on it. Now the mortgage is 3 months late and they are now my inlaws and wife are going to let it go into foreclosure. Now I am scrambling because one the mortgage company says I'm responsible for the loan but now my credit is ruined and they also informed me that we did not have their permission to do the quit claiming. However county records are showing my inlaws. I do understand that I am responsible for the loan. What is the resonsiblity of my inlaws? When they did they were aware of an IRS tax lien and a unpaid sewer lien. Are they liable at all? What course can I take here? I'm scrambling to try to sell it but I haven't had any luck. Thanks Tom

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Tom, I am sorry to hear about your troubles. Your situation is very complex, and my best advice is...

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Asked 02/08/2008 01:40 pm CT (Ann Arbor Area, MI)

My ex & I finalized divorce in March 2007. I have been the sole income and paid both the primary and secondary mortgage. The Lawyers sprung Liens on the property in court without prior knowledge or resulting adverse effects. The money was available to pay the lawyers and ex off. However the credit union and title company interepretted the liens as primary, and wanted a suborndiation agreement. The subornination agreement was finalized after the market plunged, and mortgage applicaton expired. No equity left in the home as there are foundation repairs. The ex was to issue a quit claim deed, but never did. I have made all payments. Under advisement with the courts to refinance, however my credit fell as I attempted to refinance and get loans, causing the loan to value and credit scores not to align. My lawyer won't lift the lien. Question: What are the creative options for me to remove my ex from the title and deed. I cannot refinance, and the foundation is needing repair.

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Asked 02/04/2008 06:35 pm CT (Waterford, MI)

My wife has filed Chapter 7 Bankruptcy and it will be discharged on Feb 11, 2008. The Sherrifs Sale is on Feb 12, both of our names are on the house and deed. We have someone who is interested in doing a short sale, but because my soon to be ex wife filed Chapter 7, an attorney said she can't sign over anything, not even a quick claim deed to me so I can sell the property. Neither of us can afford the property and neither of us live there. What can we do?

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Asked 11/27/2007 10:14 am CT (Dearborn, MI)

My Father purchased a Home for us in 2005 .He pass away two days later Mine and my Husbands name are on the Quit Claim deed but not the mortgage .We have been making the payments and paying the taxes ..My Father did not have a will and the mortgage company will not let us discuss anything about the mortgage because our names are not on it ..Do you have any suguestions ? Thanks

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Did you get what you needed for your question?

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Asked 11/16/2007 06:31 am CT (detroit, MI)

if i have a mortgage and i wanted to do a quick claim deed into my brothers name

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Not sure what your question is. but, be sure to talk to your CPA, and/ or attorney about possible t...

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Asked 09/18/2007 03:07 pm CT (Seattle, WA)

My mother just passed away last month, in August. She left a will leaving all of her property (2) to me-her only child (no grandchildren). A year before her death she entered into a reverse mortgage and I need to know how do I legally have the property title put into my name so that I can apply for a refi/cash out loan to put both properties into my name? "Friends" have told me to file the will at the county courthouse-which I have done and to also file a Quit Claim deed as well, is this correct??

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Asked 04/14/2007 02:31 pm CT (north bend, WA)

My husband and i will be getting a divorce this year. He signed a quick claim deed over to me giving me 100 % of equity. Both names are on mortgage and we are retired. Will mortgage co. allow me to put my name only on mort. without an income?---i will be granted some of his retirement income only. There is a large amount of equity.

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Carolyn, you might be able to refinance in your name only. Depending on your credit score we might b...

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Asked 04/12/2007 10:39 pm CT (cheyenne WY, WY)

hi, my husband and I are in the middle of moving to Washington. he is already there and we are getting ready to close an a house there,I'm still in WY the loan for the house is in my husbands name but the closing agent said that because Washington is a Community Property state that I have to sifn a quit claim deed. but if I do and something where to happen to my husband would I have any claim on the house, or would I and our children lose it? Do I have to sign the quit claim deed?

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Carri, Washington is very similar to our laws in CA. If you are not on the loan you will need to ...

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Asked 04/10/2007 12:54 pm CT (Charleston, SC)

In 2002 I was forced to sign a quitclaim deed with an ex-boyfriend stating that i have no rights to the house. Looking for a way to overturn that. I invested in that house too.

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Since you've already signed over your property rights with the QCD, you'll need an attorney. Perhap...

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Asked 10/18/2006 02:04 pm CT (Kansas City, KS)

My husband and I are going through a divorce but have been seperated for a year I moved out of the home and filed a Quit-claim deed. The house will possibly foreclosed on. Does that release me from the mortgage and protect me from the foreclosure?

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When you signed your mortgage papers, you agreed to be held liable both jointly(with your husband) a...

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Asked 08/12/2006 03:29 pm CT (saint paul, MN)

there has been a quit claim deed recorded with the state on property that my wife an I own. Question: what is the status of the exisitng mortage? will the quit claim deed void out the curent mortage?

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Hi John, The quit claim deed is simply a transfer of how title is held. It does not typically af...

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Asked 07/13/2006 07:38 pm CT (Pocahontas, AR)

I had a house in pocahontas and i was number one and he was number two on the bank loan. we divorced and i done a quitclaim deed. I recieved my credit history in the mail and it still shows that i still have a loan for the house. Well my ex husband is about to let the house be foreclosed on. do i have any rights to the house to try to keep it from being on my credit history as a foreclosure or maybe can i take up payments on the house since the loan is still in my name too.

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Hi Heather, You still have an obligation to the loan. Although you have quit-claimed the propert...

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Asked 04/05/2006 09:38 am CT (Chicago, IL)

I signed a waiver of the right of homestead. This is similar to the quitclaim deed. Does this mean I waived my right in the mortgage (loan) or title? Thank you in advance.

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sorry, the "[your]" should have read, "[you]."

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