Posted on: 06th Aug, 2010 01:14 pm
I recently assumed a mortgage loan through Chase from my sister. I recall there being a deed fee but am I responsible for obtaining a new deed via Quit Claim or was the recording of a new deed included in the loan assumption process? It's been a little over a month now since the closing and I have not received the deed. Thanks!
You need to check out the property deed to find whether or not you're listed as the owner of the property. If your name is not listed as the owner of the property, then you can ask your sister to sign a quit claim deed and transfer the property to you.