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divorce

sara

Posted on: 19th Dec, 2010 09:00 pm

i am recently divorced and my ex was suppose to refinance the house to get my name off of it, he hasnot done so, but now he wants me to sign a quitclaim deed to remove my name. with a quitclaim deed will my name be removed from the mortgage?

Total Reply : 1

Hi dmk,

A quitclaim deed will not help you in removing your name from the mortgage. It will only remove your name from the property deed. Unless your ex refinances the mortgage in his name, you'll be liable for the loan payments. You should sign the quitclaim deed at the time of closing of the refinance.

Take care

sara

Posted on: 19th Dec, 2010 11:39 pm

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