Posted on: 06th Apr, 2010 05:04 pm
She is getting a divorce. Foolishly she signed over the house 4 years ago, 'claiming she didn't know what she was doing'. She has also said she did it because her husband told her that he had to because her credit was bad. This was prior to the marriage troubles (seems like hindsight is 20 20 now) Regardless, the house is in deep forclosure but there is surprisingly about 100K equity still possible. Is there some way she can claim 1/2 of the sale?
Hi rondamcp,
As your sister has signed a quit claim deed and transferred her share of the property to her husband, she won't be able to claim any equity from that property. This is because, she won't be considered as the owner of the property any more.
Thanks
As your sister has signed a quit claim deed and transferred her share of the property to her husband, she won't be able to claim any equity from that property. This is because, she won't be considered as the owner of the property any more.
Thanks