Posted on: 10th Nov, 2010 01:16 am
i am renting. one sister paula who bought the apt. complex in 2001 later quitclaim deeded the property to her brother in law, mike, and sis kathy. it's a long story but they stopped paying the mortgage and now allegedly the bank owns it. paula, the original buyer and grantor, and owner of the loan only, said we should pay her the rent; however, she only has a title deed from 2004 and no current quit claim deed proving she is the owner. she claims she is trying to get a loan remodification and owens $34k back in arrears. do we pay her or wait to here from the bank? because the other sister, kathy, said it will go into floreclosure.
Hi joanbecket,
Welcome to mortgage fit,
As Paula has already quitclaim deeded the property to her brother in law and sister,she is no longer have any claim on the property and thus if you at all wish to pay you should pay it to the Mike and Kathy.
Feel free to ask any further query if you have............
DIPA
Welcome to mortgage fit,
As Paula has already quitclaim deeded the property to her brother in law and sister,she is no longer have any claim on the property and thus if you at all wish to pay you should pay it to the Mike and Kathy.
Feel free to ask any further query if you have............
DIPA