Posted on: 08th Oct, 2009 08:11 am
I deeded my house to a friend and I assuming the mortgage, because the mortgage was non-tranferable. Now I can't get an insurance policy because there are two dogs on the property, which because of the breed, companies refurse to underwrite. If I call the mortgage company to let them know that the house was deeded over and no longer under my name, but that I will continue making the mortgage payments, what could happen?