Posted on: 20th Jul, 2011 08:22 pm
once a quit claim deed has been filed or completed is there a waiting time to reverse it ? the mortgage co. is requesting the quit claim to take my name off the property as the other person is trying to get a modification on the loan, if i do sign the quit claim can it be reversed ? the attorney handling the case says yes, easy to do, easy to reverse ! but i have my doubts and is there income tax implications if i can no longer deduct property tax & interest if my name is taken off the property ?
Hi gighanna,
Your query has been replied to in the given page:
http://www.mortgagefit.com/discuss/about1740-4.html#215699
Please take a look at it. I hope it will help you.
Thanks
Your query has been replied to in the given page:
http://www.mortgagefit.com/discuss/about1740-4.html#215699
Please take a look at it. I hope it will help you.
Thanks